Short Interest in Ascent Solar Technologies, Inc. (NASDAQ:ASTI) Drops By 31.7%

Ascent Solar Technologies, Inc. (NASDAQ:ASTI) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 56,000 shares, a decline of 31.7% from the December 31st total of 82,000 shares. Based on an average daily volume of 80,100 shares, the days-to-cover ratio is presently 0.7 days. Currently, 4.2% of the company’s stock are sold short.

Ascent Solar Technologies Price Performance

ASTI stock traded up $0.06 during midday trading on Friday, hitting $2.30. 10,741 shares of the company’s stock were exchanged, compared to its average volume of 60,545. Ascent Solar Technologies has a 12-month low of $2.13 and a 12-month high of $87.79. The firm has a 50 day moving average price of $2.70 and a 200-day moving average price of $3.69.

Ascent Solar Technologies Company Profile

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.