SMX (Security Matters) Public Limited (NASDAQ:SMX) Short Interest Update

SMX (Security Matters) Public Limited (NASDAQ:SMX) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 128,100 shares, an increase of 287.0% from the January 15th total of 33,100 shares. Based on an average trading volume of 1,360,000 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SMX (Security Matters) Public stock. Anson Funds Management LP bought a new stake in SMX (Security Matters) Public Limited (NASDAQ:SMX) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 230,000 shares of the company’s stock, valued at approximately $667,000. Anson Funds Management LP owned 7.82% of SMX (Security Matters) Public as of its most recent SEC filing. 15.74% of the stock is currently owned by institutional investors and hedge funds.

SMX (Security Matters) Public Trading Up 1.9 %

Shares of SMX traded up $0.06 during mid-day trading on Wednesday, reaching $3.14. The company’s stock had a trading volume of 98,043 shares, compared to its average volume of 547,934. SMX has a 12-month low of $2.85 and a 12-month high of $833.62. The company’s 50 day moving average is $7.91 and its 200 day moving average is $45.46.

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.