Short Interest in SMX (Security Matters) Public Limited (NASDAQ:SMX) Increases By 51.5%

SMX (Security Matters) Public Limited (NASDAQ:SMX) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 332,900 shares, an increase of 51.5% from the November 15th total of 219,800 shares. Based on an average daily volume of 23,190,000 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of SMX (Security Matters) Public

A hedge fund recently bought a new stake in SMX (Security Matters) Public stock. Anson Funds Management LP purchased a new stake 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 firm purchased 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 as of its most recent SEC filing. 15.74% of the stock is owned by institutional investors.

SMX (Security Matters) Public Price Performance

Shares of NASDAQ:SMX traded down $0.05 during trading on Friday, hitting $0.28. 5,772,772 shares of the stock were exchanged, compared to its average volume of 6,595,590. SMX has a 1-year low of $0.18 and a 1-year high of $76.50. The company’s fifty day simple moving average is $0.93 and its 200-day simple moving average is $4.23.

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.