SCHMID Group (NASDAQ:SHMD) Short Interest Update

SCHMID Group (NASDAQ:SHMD) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 72,400 shares, a growth of 24.6% from the March 15th total of 58,100 shares. Based on an average trading volume of 48,100 shares, the short-interest ratio is presently 1.5 days. Currently, 0.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SCHMID Group stock. Hartree Partners LP grew its position in shares of SCHMID Group (NASDAQ:SHMD) by 2.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,058,000 shares of the company’s stock after purchasing an additional 23,000 shares during the period. SCHMID Group makes up about 1.2% of Hartree Partners LP’s holdings, making the stock its 24th largest holding. Hartree Partners LP owned about 10.45% of SCHMID Group worth $3,174,000 at the end of the most recent reporting period. Institutional investors own 46.03% of the company’s stock.

SCHMID Group Trading Up 0.7 %

NASDAQ SHMD opened at $2.93 on Tuesday. The stock has a fifty day simple moving average of $3.00 and a 200-day simple moving average of $2.83. SCHMID Group has a twelve month low of $1.86 and a twelve month high of $6.13.

SCHMID Group Company Profile

SCHMID Group N.V. develops and manufactures equipment and process solutions for electronics, photovoltaics, glass, and energy systems in Germany and internationally. The company offers electronics equipment, ET board, vertical and horizontal wet process, vacuum metallization and tech, plating, chemical mechanical polishing, and automation system solutions; and systems and process solutions for manufacturing and processing photovoltaic products, such as wafers, cells, modules, and thin films, as well as turnkey production lines.