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

SMX (Security Matters) Public Limited (NASDAQ:SMX) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 183,700 shares, an increase of 43.4% from the January 31st total of 128,100 shares. Based on an average daily volume of 1,420,000 shares, the short-interest ratio is presently 0.1 days.

SMX (Security Matters) Public Stock Performance

SMX stock opened at $2.25 on Tuesday. The company has a 50 day moving average price of $6.22 and a 200 day moving average price of $35.53. SMX has a fifty-two week low of $2.20 and a fifty-two week high of $649.37.

Hedge Funds Weigh In On SMX (Security Matters) Public

An institutional investor recently bought a new position in SMX (Security Matters) Public stock. Anson Funds Management LP acquired a new position in shares of SMX (Security Matters) Public Limited (NASDAQ:SMX) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 230,000 shares of the company’s stock, valued at approximately $667,000. Anson Funds Management LP owned about 7.82% of SMX (Security Matters) Public at the end of the most recent quarter. Institutional investors own 15.74% of the company’s stock.

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.