SMX (Security Matters) Public Limited (NASDAQ:SMX) Sees Significant Increase in Short Interest

SMX (Security Matters) Public Limited (NASDAQ:SMX) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 183,700 shares, an increase of 43.4% from the January 31st total of 128,100 shares. Based on an average daily volume of 1,420,000 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On SMX (Security Matters) Public

An institutional investor recently bought a new position in SMX (Security Matters) Public stock. Anson Funds Management LP acquired a new position in SMX (Security Matters) Public Limited (NASDAQ:SMX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 230,000 shares of the company’s stock, valued at approximately $667,000. Anson Funds Management LP owned approximately 7.82% of SMX (Security Matters) Public as of its most recent SEC filing. 15.74% of the stock is currently owned by hedge funds and other institutional investors.

SMX (Security Matters) Public Stock Up 1.8 %

SMX stock opened at $2.29 on Wednesday. SMX has a 12 month low of $2.07 and a 12 month high of $649.37. The firm’s 50-day moving average is $6.14 and its 200 day moving average is $34.92.

SMX (Security Matters) Public Company Profile

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.