Seatrium Limited (OTCMKTS:SMBMF) Short Interest Down 16.4% in February

Seatrium Limited (OTCMKTS:SMBMF) was the recipient of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 17,258,051 shares, a decline of 16.4% from the February 12th total of 20,642,361 shares. Based on an average daily volume of 2,890 shares, the days-to-cover ratio is currently 5,971.6 days. Based on an average daily volume of 2,890 shares, the days-to-cover ratio is currently 5,971.6 days.

Seatrium Stock Performance

Shares of Seatrium stock remained flat at $1.86 on Monday. Seatrium has a 12 month low of $1.06 and a 12 month high of $2.31. The stock’s 50-day moving average is $1.85 and its 200-day moving average is $1.72.

About Seatrium

Seatrium is a Singapore‐based integrated marine and offshore engineering group formed through the consolidation of two established industry players in early 2024. Headquartered in Singapore, the company delivers end-to-end solutions across the life cycle of offshore and marine assets. Its core services include engineering, procurement, construction, installation and commissioning (EPCIC) for a broad range of structures, vessels and platforms.

The company’s capabilities span the design and fabrication of offshore drilling rigs, production platforms, floating production, storage and offloading units (FPSOs), as well as the conversion and repair of marine vessels.