SCHMID Group (NASDAQ:SHMD) Sees Significant Drop in Short Interest

SCHMID Group ( NASDAQ:SHMD – Get Free Report ) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 85,000 shares, a decline of 19.0% from the August 31st total of 104,900 shares.

Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 40,000 shares, the short-interest ratio is presently 2.



1 days. SCHMID Group Stock Performance SHMD stock traded down $0.38 during mid-day trading on Friday, hitting $3.

36. The company had a trading volume of 64,782 shares, compared to its average volume of 24,452. SCHMID Group has a 12 month low of $2.

69 and a 12 month high of $6.13. The firm’s fifty day moving average is $3.

99. About SCHMID Group ( Get Free Report ) Recommended Stories Receive News & Ratings for SCHMID Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SCHMID Group and related companies with MarketBeat.com's FREE daily email newsletter .

.