SCHMID Group N.V. (NASDAQ:SHMD) Sees Significant Increase in Short Interest

Key Points

• Short interest jumped 30.2% in March to 1,711,402 shares (about 3.6% of shares sold short), yielding a short‑interest ratio of 1.2 days based on average daily volume.
• SHMD shares fell about 9.8% to $5.95 in the latest session, trading below the 50‑day moving average ($7.74) and inside a 12‑month range of $2.00–$10.65.
• The company reported a quarterly loss of ($1.02) EPS on $15.71 million in revenue, and analysts hold an average Sell rating (Wall Street Zen cut to sell; Weiss reaffirmed sell).

SCHMID Group N.V. (NASDAQ:SHMD - Get Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 1,711,402 shares, a growth of 30.2% from the February 26th total of 1,314,401 shares. Approximately 3.6% of the shares of the stock are sold short. Based on an average daily volume of 1,411,638 shares, the short-interest ratio is presently 1.2 days.

Institutional Trading of SCHMID Group

Several institutional investors and hedge funds have recently bought and sold shares of SHMD. Sculptor Capital LP acquired a new position in shares of SCHMID Group in the second quarter worth about $587,000. Pekin Hardy Strauss Inc. acquired a new position in SCHMID Group in the 4th quarter worth approximately $359,000. Geode Capital Management LLC purchased a new position in SCHMID Group during the 4th quarter worth approximately $156,000. XTX Topco Ltd acquired a new stake in SCHMID Group during the 4th quarter valued at $137,000. Finally, HRT Financial LP purchased a new stake in shares of SCHMID Group in the fourth quarter valued at $130,000. Institutional investors and hedge funds own 46.03% of the company's stock.

SCHMID Group Trading Down 9.8%

SCHMID Group stock traded down $0.65 during mid-day trading on Friday, hitting $5.95. The company's stock had a trading volume of 815,568 shares, compared to its average volume of 1,010,674. SCHMID Group has a twelve month low of $2.00 and a twelve month high of $10.65. The stock's fifty day moving average price is $7.74 and its two-hundred day moving average price is $5.66.

SCHMID Group (NASDAQ:SHMD - Get Free Report) last announced its quarterly earnings data on Friday, February 13th. The company reported ($1.02) EPS for the quarter. The firm had revenue of $15.71 million during the quarter.

Analysts Set New Price Targets

SHMD has been the topic of several research analyst reports. Wall Street Zen cut SCHMID Group from a "hold" rating to a "sell" rating in a research report on Saturday. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of SCHMID Group in a research note on Tuesday, February 17th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Sell".

About SCHMID Group

Schmid Group AG is a global engineering and manufacturing company specializing in flexible packaging and barrier coating technologies for a range of industries. The company’s core offerings include turnkey coating, metallization and extrusion lamination lines designed to enhance the functional performance of films and substrates used in food, pharmaceutical and medical packaging applications. Schmid Group’s expertise also encompasses process engineering, product development and on-site support services, enabling clients to optimize production efficiency and sustainability in high-volume manufacturing environments.

In addition to its barrier technologies, Schmid Group provides modular solutions for thin-film coating, printing, slitting and winding, as well as machinery for flat glass finishing such as washing, sanding and patterning.

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