SMX (Security Matters) Public Limited (NASDAQ:SMX) Sees Large Growth in Short Interest

SMX (Security Matters) Public Limited (NASDAQ:SMX) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 8,750,000 shares, an increase of 142.4% from the December 15th total of 3,610,000 shares. Based on an average daily volume of 34,470,000 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of SMX (Security Matters) Public

An institutional investor recently bought a new position in SMX (Security Matters) Public stock. Anson Funds Management LP purchased a new position in shares of SMX (Security Matters) Public Limited (NASDAQ:SMX) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 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 at the end of the most recent reporting period. Institutional investors and hedge funds own 15.74% of the company’s stock.

SMX (Security Matters) Public Trading Down 20.3 %

SMX stock traded down $0.05 during mid-day trading on Tuesday, hitting $0.21. 7,682,273 shares of the company were exchanged, compared to its average volume of 16,844,178. SMX has a 12-month low of $0.18 and a 12-month high of $46.21. The business has a fifty day simple moving average of $0.32 and a 200-day simple moving average of $2.67.

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.