Ascent Solar Technologies Inc. (NASDAQ:ASTI) Short Interest Down 68.3% in September

Ascent Solar Technologies Inc. (NASDAQ:ASTI) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 182,800 shares, a drop of 68.3% from the August 31st total of 576,000 shares. Currently, 6.6% of the shares of the company are short sold. Based on an average daily volume of 2,770,000 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 2,770,000 shares, the short-interest ratio is presently 0.1 days. Currently, 6.6% of the shares of the company are short sold.

Ascent Solar Technologies Price Performance

NASDAQ:ASTI opened at $2.10 on Friday. The stock has a 50 day simple moving average of $2.01 and a 200 day simple moving average of $1.83. Ascent Solar Technologies has a 1-year low of $1.10 and a 1-year high of $4.41.

Ascent Solar Technologies (NASDAQ:ASTI) last announced its quarterly earnings data on Tuesday, August 12th. The company reported ($1.17) earnings per share for the quarter. The business had revenue of $0.02 million during the quarter.

Analyst Ratings Changes

Separately, Wall Street Zen raised Ascent Solar Technologies to a “sell” rating in a report on Saturday, August 9th.

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.