Solarmax Technology Inc. Common Stock Price & Performance (SMXT)

Short interest in SolarMax Technology surged by 45.1% in February, reaching 828,600 shares. The short-interest ratio now stands at 2.0 days based on average daily trading volume. With shares down 3.4% recently, the stock has been under pressure, reflecting broader investor concerns about its financial performance.1

Several institutional investors significantly increased their stakes in SolarMax Technology during the fourth quarter. Notably, Wells Fargo & Company and Bank of America Corp raised their holdings by over 700% and 450%, respectively. These moves indicate growing institutional interest in the solar energy company despite recent stock price volatility.1

SolarMax Technology's shares, trading at $1.12, have seen significant fluctuations, ranging from $0.60 to $15.88 over the past year. The stock's 50-day moving average of $1.56 suggests recent downward trends. Analysts maintain a Hold rating, signaling cautious optimism amidst growing short interest and institutional activity.1