SMX (Security Matters) Public Limited (NASDAQ:SMX) Sees Significant Growth in Short Interest

SMX (Security Matters) Public Limited (NASDAQ:SMX) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 1,600,000 shares, a growth of 181.7% from the May 31st total of 567,900 shares. Based on an average daily trading volume, of 7,600,000 shares, the short-interest ratio is presently 0.2 days. Approximately 17.3% of the company’s shares are short sold.

Institutional Trading of SMX (Security Matters) Public

An institutional investor recently bought a new position in SMX (Security Matters) Public stock. Virtu Financial LLC acquired a new stake in shares of SMX (Security Matters) Public Limited (NASDAQ:SMX) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 303,942 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned 10.41% of SMX (Security Matters) Public as of its most recent SEC filing. 15.74% of the stock is currently owned by institutional investors.

SMX (Security Matters) Public Price Performance

NASDAQ SMX traded down $0.01 during mid-day trading on Friday, hitting $0.13. The company’s stock had a trading volume of 2,486,446 shares, compared to its average volume of 6,929,070. SMX has a 52-week low of $0.09 and a 52-week high of $5.39. The stock’s fifty day simple moving average is $0.15 and its two-hundred day simple moving average is $0.29. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.03.

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.