SMX (Security Matters) Public Limited (NASDAQ:SMX) Short Interest Update

SMX (Security Matters) Public Limited (NASDAQ:SMX) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 137,200 shares, a drop of 87.4% from the February 29th total of 1,090,000 shares. Approximately 2.5% of the shares of the company are short sold. Based on an average trading volume of 5,650,000 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of SMX (Security Matters) Public

Several large investors have recently added to or reduced their stakes in the business. Two Sigma Securities LLC bought a new stake in SMX (Security Matters) Public in the first quarter worth about $33,000. Nomura Holdings Inc. bought a new stake in SMX (Security Matters) Public during the first quarter worth approximately $100,000. Finally, Citadel Advisors LLC grew its position in SMX (Security Matters) Public by 463.3% in the second quarter. Citadel Advisors LLC now owns 277,042 shares of the company’s stock worth $35,000 after buying an additional 227,861 shares during the last quarter. 15.74% of the stock is currently owned by institutional investors and hedge funds.

SMX (Security Matters) Public Trading Up 1.2 %

Shares of NASDAQ SMX traded up $0.00 during mid-day trading on Thursday, hitting $0.13. The company had a trading volume of 1,249,021 shares, compared to its average volume of 6,087,447. The firm’s 50 day simple moving average is $0.26 and its two-hundred day simple moving average is $0.91. SMX has a 12 month low of $0.12 and a 12 month high of $74.80.

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.