SMC Co. (OTCMKTS:SMECF) Sees Large Increase in Short Interest

SMC Co. (OTCMKTS:SMECF) saw a significant growth in short interest in November. As of November 30th, there was short interest totalling 258,900 shares, a growth of 25.4% from the November 15th total of 206,400 shares. Based on an average trading volume of 6,400 shares, the short-interest ratio is currently 40.5 days.

SMC Stock Performance

OTCMKTS SMECF traded down $6.35 during trading hours on Friday, hitting $399.20. The company had a trading volume of 3,172 shares, compared to its average volume of 1,566. SMC has a 1-year low of $394.00 and a 1-year high of $622.00. The business has a 50 day moving average of $429.27 and a 200-day moving average of $453.49.

About SMC

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment.