Smartoptics Group AS (OTCMKTS:SMOPF) Short Interest Down 99.7% in June

Smartoptics Group AS (OTCMKTS:SMOPF) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 4 shares, a decline of 99.7% from the May 31st total of 1,282 shares. Based on an average daily trading volume, of 36,767 shares, the days-to-cover ratio is presently 0.0 days.

Smartoptics Group AS Stock Down 0.6%

Shares of SMOPF traded down $0.03 during mid-day trading on Thursday, hitting $5.12. The company’s stock had a trading volume of 1,250 shares, compared to its average volume of 26,372. The stock’s 50-day moving average is $5.48 and its two-hundred day moving average is $3.13. Smartoptics Group AS has a one year low of $4.99 and a one year high of $7.15.

About Smartoptics Group AS

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.