Short Interest in SMC Entertainment, Inc. (OTCMKTS:SMCE) Declines By 94.8%

SMC Entertainment, Inc. (OTCMKTS:SMCE) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 8,800 shares, a decrease of 94.8% from the December 31st total of 168,700 shares. Based on an average daily trading volume, of 8,208,200 shares, the days-to-cover ratio is presently 0.0 days.

SMC Entertainment Price Performance

OTCMKTS SMCE traded up $0.00 during trading hours on Thursday, reaching $0.00. 4,729,842 shares of the company’s stock traded hands, compared to its average volume of 8,015,923. SMC Entertainment has a 52-week low of $0.00 and a 52-week high of $0.01. The stock has a market cap of $2.30 million, a P/E ratio of -0.17 and a beta of 0.48.

SMC Entertainment Company Profile

SMC Entertainment, Inc focuses on the acquisition and support of financial technology companies in the United States. The company develops and provides technology that combines artificial intelligence (AI) /machine learning (ML) driven Quantitative investing (IQ Engine) with AI-enabled wealth management tools; and offers IQ Engine, an AI driven contextual analyzer that creates a repository of various equity research.