Short Interest in Smartoptics Group AS (OTCMKTS:SMOPF) Increases By 1,006.2%

Smartoptics Group AS (OTCMKTS:SMOPF) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 11,062 shares, a growth of 1,006.2% from the June 30th total of 1,000 shares. Based on an average trading volume of 9,347 shares, the short-interest ratio is currently 1.2 days.

Smartoptics Group AS Stock Up 4.2%

SMOPF traded up $0.20 on Friday, hitting $4.95. 2,646 shares of the company traded hands, compared to its average volume of 21,422. Smartoptics Group AS has a 12-month low of $4.31 and a 12-month high of $7.15. The company has a 50 day moving average of $5.44 and a 200-day moving average of $3.56.

Smartoptics Group AS Company Profile

Smartoptics Group AS provides optical networking solutions and devices worldwide. Its products include flexible open line systems; multiplexers and OADMs; modular transponders and muxponders; optical transceivers; active and passive system products; and Sosmart software suites. The company also provides technical support, extended warranty, advance product replacement, complete and smart care, network design, staging and installation support, and training and education services. Its solutions are used in metro and regional network applications.