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

SMX (Security Matters) Public Limited (NASDAQ:SMX) saw a significant growth in short interest in November. As of November 30th, there was short interest totalling 332,900 shares, a growth of 51.5% from the November 15th total of 219,800 shares. Based on an average trading volume of 23,190,000 shares, the short-interest ratio is presently 0.0 days.

SMX (Security Matters) Public Stock Down 15.8 %

Shares of SMX stock traded down $0.05 during trading on Friday, reaching $0.28. The company had a trading volume of 5,772,772 shares, compared to its average volume of 6,595,590. The firm’s 50 day simple moving average is $0.93 and its two-hundred day simple moving average is $4.17. SMX has a one year low of $0.18 and a one year high of $76.50.

Hedge Funds 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 purchased a new position in SMX (Security Matters) Public Limited (NASDAQ:SMX) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 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 at the end of the most recent reporting period. 15.74% of the stock is currently owned by institutional investors.

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.