The stock of Ascent Solar Tech Incorporated (NASDAQ:ASTI) registered an increase of 1.01% in short interest. ASTI’s total short interest was 4.41 million shares in February as published by FINRA. Its up 1.01% from 4.37 million shares, reported previously. With 9.54M shares average volume, it will take short sellers 1 days to cover their ASTI’s short positions. The short interest to Ascent Solar Tech Incorporated’s float is 4.95%. The stock is down 1.94% or $0.0018 after the news, hitting $0.0911 per share. About 199,873 shares traded hands. Ascent Solar Technologies, Inc. (NASDAQ:ASTI) has declined 76.92% since July 15, 2015 and is downtrending. It has underperformed by 67.93% the S&P500.
Ascent Solar Technologies, Inc. is engaged in commercializing e photovoltaic modules using its thin film technology. The company has a market cap of $15.11 million. The Company’s manufacturing process deposits multiple layers of materials, including a thin film of copper-indium-gallium-diselenide (CIGS) semiconductor material, on a plastic substrate using a roll-to-roll manufacturing process and then laser patterns the layers to create interconnected PV cells or PV modules, in a process known as monolithic integration. It currently has negative earnings. It has launched its new line of consumer products under the EnerPlex brand, and introduced its first product, the Surfr, a battery and a solar case for the Apple iPhone 4/4S smart phone featuring its CIGS thin film technology integrated directly into the case.
The institutional sentiment increased to 7 in Q3 2015. Its up 6.50, from 0.5 in 2015Q2. The ratio improved, as 0 funds sold all Ascent Solar Technologies, Inc. shares owned while 1 reduced positions. 4 funds bought stakes while 3 increased positions. They now own 15.00 million shares or 2073.35% more from 689,964 shares in 2015Q2.
Fort Point Capital Partners Llc holds 0.07% of its portfolio in Ascent Solar Technologies, Inc. for 600,000 shares. Hudson Bay Capital Management Lp owns 1.60 million shares or 0.01% of their US portfolio. Moreover, Vanguard Group Inc has 0.01% invested in the company for 5.06 million shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Blackrock Advisors Llc, a Delaware-based fund reported 10,274 shares.
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