SMX (Security Matters) Public Limited (NASDAQ:SMX) Short Interest Update

SMX (Security Matters) Public Limited (NASDAQ:SMX) saw a significant decrease in short interest in March. As of March 15th, there was short interest totalling 64,300 shares, a decrease of 30.1% from the February 28th total of 92,000 shares. Based on an average daily volume of 659,500 shares, the days-to-cover ratio is currently 0.1 days. Approximately 69.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On SMX (Security Matters) Public

A hedge fund recently bought a new stake in SMX (Security Matters) Public stock. Anson Funds Management LP bought a new stake in shares of 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 and Exchange Commission. The fund bought 230,000 shares of the company’s stock, valued at approximately $667,000. Anson Funds Management LP owned about 7.82% of SMX (Security Matters) Public as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 15.74% of the company’s stock.

SMX (Security Matters) Public Stock Performance

Shares of NASDAQ:SMX traded up $0.29 on Monday, reaching $2.02. The company’s stock had a trading volume of 34,220 shares, compared to its average volume of 396,126. The company has a 50-day simple moving average of $3.01 and a 200 day simple moving average of $23.64. SMX has a 52-week low of $1.60 and a 52-week high of $619.88.

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.