Categories: Technology

Sharp decline in short interest for Meyer Burger Technology AG: Days-to-cover ratio reaches a staggering 322.7 days

Meyer Burger Technology AG (OTCMKTS:MYBUF – Get Free Report) saw a significant decline in short interest in May. As of May 31st, there were 223,873,900 shares held short, a 17.2% decrease from the total of 270,386,500 shares on May 15th. With an average trading volume of 693,700 shares, the days-to-cover ratio is currently at 322.7 days.

Meyer Burger Technology AG is a technology company that produces and sells solar cells and modules. It operates through Photovoltaics and Modules segments and offers products based on proprietary Heterojunction/SmartWire technologies. The company operates in Germany, Switzerland, the rest of Europe, Asia, the United States, and internationally. Receive daily news and ratings for Meyer Burger Technology by entering your email address below to receive a concise daily summary of the latest news and analyst ratings.

As of May 1st, MYBUF opened at $0.01 with a 50-day moving average price of $0.01 and a 200-day moving average price of $0.14. Meyer Burger Technology has seen a range between its one-year high of $0.75 on March 16th and its one-year low of $

Samantha Johnson

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