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 short-interest ratio is presently 0.3 days.
Hedge Funds 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 purchased a new stake in SMX (Security Matters) Public Limited (NASDAQ:SMX – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 230,000 shares of the company’s stock, valued at approximately $667,000. Anson Funds Management LP owned about 7.82% of SMX (Security Matters) Public as of its most recent SEC filing. Hedge funds and other institutional investors own 15.74% of the company’s stock.
SMX (Security Matters) Public Stock Up 5.1 %
Shares of SMX traded up $0.28 on Thursday, hitting $5.79. The company’s stock had a trading volume of 655,868 shares, compared to its average volume of 598,275. SMX has a fifty-two week low of $4.31 and a fifty-two week high of $1,316.91. The company has a 50 day moving average price of $0.53 and a 200 day moving average price of $2.64.
About SMX (Security Matters) Public
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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