SMX (Security Matters) Public Limited (NASDAQ:SMX) Short Interest Up 31.2% in October

SMX (Security Matters) Public Limited (NASDAQ:SMX) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 137,000 shares, an increase of 31.2% from the September 30th total of 104,400 shares. Based on an average daily volume of 1,380,000 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SMX (Security Matters) Public stock. Virtu Financial LLC acquired a new position in SMX (Security Matters) Public Limited (NASDAQ:SMX) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 303,942 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned approximately 10.41% of SMX (Security Matters) Public at the end of the most recent quarter. 15.74% of the stock is owned by institutional investors.

SMX (Security Matters) Public Stock Performance

Shares of SMX stock traded down $0.10 on Tuesday, hitting $0.38. 5,843,798 shares of the stock traded hands, compared to its average volume of 591,156. SMX has a 1-year low of $0.37 and a 1-year high of $150.00. The company’s fifty day moving average is $2.90 and its 200 day moving average is $6.86.

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.