Short Interest in SMX (Security Matters) Public Limited (NASDAQ:SMX) Drops By 49.9%

SMX (Security Matters) Public Limited (NASDAQ:SMX) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 92,000 shares, a drop of 49.9% from the February 13th total of 183,700 shares. Based on an average daily trading volume, of 1,420,000 shares, the short-interest ratio is presently 0.1 days. Approximately 98.9% of the shares of the stock are short sold.

Institutional Investors Weigh In On SMX (Security Matters) Public

An institutional investor recently bought a new position in SMX (Security Matters) Public stock. XTX Topco Ltd acquired a new position in SMX (Security Matters) Public Limited (NASDAQ:SMX) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 77,195 shares of the company’s stock, valued at approximately $46,000. XTX Topco Ltd owned 74.95% of SMX (Security Matters) Public at the end of the most recent quarter. 15.74% of the stock is owned by hedge funds and other institutional investors.

SMX (Security Matters) Public Trading Down 0.8 %

Shares of SMX stock traded down $0.02 on Friday, reaching $2.39. The company’s stock had a trading volume of 54,067 shares, compared to its average volume of 395,818. The stock’s 50 day simple moving average is $4.43 and its 200-day simple moving average is $30.28. SMX has a 12-month low of $2.07 and a 12-month high of $649.37.

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.