SMX (Security Matters) Public Limited (NASDAQ:SMX – Get Free Report) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 8,750,000 shares, a growth of 142.4% from the December 15th total of 3,610,000 shares. Based on an average trading volume of 34,470,000 shares, the days-to-cover ratio is currently 0.3 days.
Institutional Investors Weigh In On SMX (Security Matters) Public
An institutional investor recently bought a new position in SMX (Security Matters) Public stock. Anson Funds Management LP acquired a new stake in shares of SMX (Security Matters) Public Limited (NASDAQ:SMX – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 230,000 shares of the company’s stock, valued at approximately $667,000. Anson Funds Management LP owned 7.82% of SMX (Security Matters) Public at the end of the most recent quarter. 15.74% of the stock is currently owned by institutional investors.
SMX (Security Matters) Public Stock Performance
SMX (Security Matters) Public stock traded up $0.28 during mid-day trading on Thursday, reaching $5.79. 655,868 shares of the company’s stock were exchanged, compared to its average volume of 598,275. The business’s fifty day simple moving average is $0.42 and its 200 day simple moving average is $2.62. SMX has a one year low of $4.31 and a one year high of $1,316.91.
SMX (Security Matters) Public Company Profile
SMX (Security Matters) Public Limited Company, through its subsidiaries, engages in the development and commercialization of track and trace technologies for various industries. It owns and commercializes technology to mark various objects, such as solid, liquid, or gas allowing identification, circularity, proof of authenticity, tracking supply chain movements, and quality assurance.
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