Ascent Solar Technologies, Inc. (NASDAQ:ASTI) Sees Large Decrease in Short Interest

Ascent Solar Technologies, Inc. (NASDAQ:ASTI) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 63,800 shares, a drop of 21.4% from the August 31st total of 81,200 shares. Currently, 6.3% of the company’s shares are sold short. Based on an average daily trading volume, of 141,200 shares, the days-to-cover ratio is presently 0.5 days.

Ascent Solar Technologies Stock Performance

Shares of NASDAQ:ASTI traded down $0.01 during trading on Friday, reaching $2.43. 22,780 shares of the company traded hands, compared to its average volume of 125,453. Ascent Solar Technologies has a 52-week low of $2.25 and a 52-week high of $220.00. The business’s fifty day moving average is $4.78 and its 200-day moving average is $12.50.

Ascent Solar Technologies (NASDAQ:ASTI) last announced its quarterly earnings results on Tuesday, August 6th. The company reported ($6.00) earnings per share (EPS) for the quarter. The business had revenue of $0.03 million for the quarter.

About Ascent Solar Technologies

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.