SMX (Security Matters) Public Limited (NASDAQ:SMX) Short Interest Up 162.3% in July

SMX (Security Matters) Public Limited (NASDAQ:SMX) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 98,100 shares, an increase of 162.3% from the June 30th total of 37,400 shares. Based on an average trading volume of 127,100 shares, the short-interest ratio is currently 0.8 days.

SMX (Security Matters) Public Trading Up 9.6 %

Shares of SMX traded up $0.42 during midday trading on Friday, reaching $4.79. The stock had a trading volume of 59,299 shares, compared to its average volume of 122,170. The firm has a 50 day simple moving average of $9.54 and a 200-day simple moving average of $14.13. SMX has a one year low of $4.33 and a one year high of $285.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.04 and a current ratio of 0.04.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SMX (Security Matters) Public stock. Virtu Financial LLC bought a new position in shares of SMX (Security Matters) Public Limited (NASDAQ:SMX) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 303,942 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned about 10.41% of SMX (Security Matters) Public as of its most recent filing with the Securities and Exchange Commission. 15.74% of the stock is currently owned by hedge funds and other institutional investors.

About SMX (Security Matters) Public

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.