Seatrium Limited (OTCMKTS:SMBMF – Get Free Report) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 8,402,199 shares, an increase of 349.9% from the May 31st total of 1,867,699 shares. Based on an average trading volume of 1,918 shares, the days-to-cover ratio is presently 4,380.7 days.
Seatrium Stock Performance
Shares of SMBMF stock remained flat at $1.60 on Friday. The stock’s 50-day moving average price is $1.75 and its 200-day moving average price is $1.79. Seatrium has a 12-month low of $1.12 and a 12-month high of $2.31.
Seatrium Company Profile
Seatrium is a Singapore‐based integrated marine and offshore engineering group formed through the consolidation of two established industry players in early 2024. Headquartered in Singapore, the company delivers end-to-end solutions across the life cycle of offshore and marine assets. Its core services include engineering, procurement, construction, installation and commissioning (EPCIC) for a broad range of structures, vessels and platforms.
The company’s capabilities span the design and fabrication of offshore drilling rigs, production platforms, floating production, storage and offloading units (FPSOs), as well as the conversion and repair of marine vessels.
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