Ascent Solar Technologies, Inc. (NASDAQ:ASTI) Short Interest Update

Ascent Solar Technologies, Inc. (NASDAQ:ASTI) was the recipient of a significant drop in short interest in February. As of February 15th, there was short interest totalling 45,700 shares, a drop of 21.9% from the January 31st total of 58,500 shares. Currently, 3.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 67,100 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of Ascent Solar Technologies

A hedge fund recently bought a new stake in Ascent Solar Technologies stock. Renaissance Technologies LLC purchased a new position in shares of Ascent Solar Technologies, Inc. (NASDAQ:ASTI) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 15,500 shares of the company’s stock, valued at approximately $51,000. Renaissance Technologies LLC owned 1.17% of Ascent Solar Technologies as of its most recent filing with the Securities and Exchange Commission (SEC). 10.55% of the stock is owned by hedge funds and other institutional investors.

Ascent Solar Technologies Stock Performance

Shares of Ascent Solar Technologies stock opened at $1.79 on Thursday. Ascent Solar Technologies has a fifty-two week low of $1.50 and a fifty-two week high of $53.00. The company’s 50 day moving average price is $2.47 and its two-hundred day moving average price is $2.71.

About Ascent Solar Technologies

Ascent Solar Technologies, Inc, a solar technology company, engages in the manufacture and sale of photovoltaic solar modules in the United States. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and value-added resellers. It serves agrivoltaics, aerospace, satellites, near earth orbiting vehicles, and fixed wing unmanned aerial vehicles.