Seatrium Limited (OTCMKTS:SMBMF) Sees Significant Decline in Short Interest

Seatrium Limited (OTCMKTS:SMBMF) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 1,427,400 shares, a drop of 46.7% from the February 13th total of 2,676,700 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is currently 751.3 days.

Seatrium Price Performance

OTCMKTS SMBMF opened at $1.52 on Friday. The company’s 50 day moving average is $1.60 and its 200-day moving average is $1.48. Seatrium has a 12-month low of $0.90 and a 12-month high of $2.23.

About Seatrium

Seatrium Limited provides engineering solutions to the offshore, marine, and energy industries. The company engages in the turnkey design, engineering, procurement, construction, and commissioning of offshore newbuilding and conversions, FSOs, FPSOs, FDPSOs, FPUs, MOPUs, gas terminals, FLNGs, FSRUs, Gravifloat, jack-ups, semi-submersibles, drill ships, TLPs, SPARs, and SSP solutions.