SMC Co. (OTCMKTS:SMECF) Short Interest Update

SMC Co. (OTCMKTS:SMECF – Get Rating) was the target of a large drop in short interest in May. As of May 15th, there was short interest totalling 61,500 shares, a drop of 48.8% from the April 30th total of 120,100 shares. Based on an average daily trading volume, of 1,400 shares, the short-interest ratio is presently 43.9 days.

SMC Stock Up 1.6 %

Shares of OTCMKTS:SMECF traded up $8.28 during trading on Friday, reaching $528.28. The stock had a trading volume of 601 shares, compared to its average volume of 1,035. The firm’s 50-day simple moving average is $516.54 and its 200 day simple moving average is $488.74. SMC has a one year low of $370.25 and a one year high of $550.33.

SMC Company Profile

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SMC Corp. engages in the manufacture, processing, and sale of automatic control equipment. It also manufactures and sells sintered filters and various types of filtration equipment. It operates through the Automatic Control Equipment and Others segments. The Automatic Control Equipment segment handles the manufacture and sale of air preparation equipment, pressure control equipment, directional control valves, and actuators.