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

SMX (Security Matters) Public Limited (NASDAQ:SMX) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 8,750,000 shares, an increase of 142.4% from the December 15th total of 3,610,000 shares. Based on an average daily volume of 34,470,000 shares, the short-interest ratio is presently 0.3 days.

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 purchased a new position in shares of SMX (Security Matters) Public Limited (NASDAQ:SMX) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. 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 and hedge funds.

SMX (Security Matters) Public Stock Down 20.3 %

NASDAQ:SMX traded down $0.05 during trading hours on Tuesday, hitting $0.21. The company had a trading volume of 7,682,273 shares, compared to its average volume of 16,844,178. SMX has a 1 year low of $0.18 and a 1 year high of $46.21. The company has a 50-day moving average of $0.32 and a 200 day moving average of $2.67.

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.