Short Interest in Seatrium Limited (OTCMKTS:SMBMF) Drops By 29.8%

Seatrium Limited (OTCMKTS:SMBMF) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 4,658,200 shares, a decline of 29.8% from the November 15th total of 6,631,300 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is presently 5,822.8 days.

Seatrium Stock Performance

Shares of OTCMKTS SMBMF remained flat at $1.55 during mid-day trading on Friday. 11,451 shares of the stock were exchanged, compared to its average volume of 2,761. The stock’s 50 day moving average price is $1.51 and its 200-day moving average price is $1.31. Seatrium has a 12-month low of $0.90 and a 12-month high of $2.00.

About Seatrium

Seatrium Limited provides engineering solutions to the offshore, marine, and energy industries. The company engages in the turnkey design, engineering, procurement, construction, and commissioning of offshore newbuilding and conversions, FSOs, FPSOs, FDPSOs, FPUs, MOPUs, gas terminals, FLNGs, FSRUs, Gravifloat, jack-ups, semi-submersibles, drill ships, TLPs, SPARs, and SSP solutions.