Ascent Solar Technologies (NASDAQ:ASTI) Trading Down 0.9% – Here’s Why

Ascent Solar Technologies, Inc. (NASDAQ:ASTI) fell 0.9% during mid-day trading on Friday . The stock traded as low as $2.15 and last traded at $2.21. 9,912 shares were traded during mid-day trading, a decline of 78% from the average session volume of 45,359 shares. The stock had previously closed at $2.23.

Ascent Solar Technologies Price Performance

The firm has a 50-day moving average of $2.60 and a 200-day moving average of $2.94.

Hedge Funds Weigh In On Ascent Solar Technologies

An institutional investor recently bought a new position in Ascent Solar Technologies stock. Virtu Financial LLC purchased a new position in shares of Ascent Solar Technologies, Inc. (NASDAQ:ASTI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 18,282 shares of the company’s stock, valued at approximately $60,000. Virtu Financial LLC owned 1.39% of Ascent Solar Technologies as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 10.55% of the company’s stock.

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.