Smartkem, Inc. (NASDAQ:SMTK – Get Free Report) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 43,100 shares, a decrease of 12.9% from the December 31st total of 49,500 shares. Based on an average daily trading volume, of 225,200 shares, the short-interest ratio is currently 0.2 days. Approximately 1.6% of the company’s stock are short sold.
Smartkem Trading Down 3.2 %
NASDAQ:SMTK traded down $0.10 during mid-day trading on Monday, reaching $3.02. The stock had a trading volume of 10,964 shares, compared to its average volume of 81,224. The business’s 50 day moving average is $3.72 and its 200 day moving average is $4.16. Smartkem has a fifty-two week low of $2.01 and a fifty-two week high of $19.00.
Smartkem (NASDAQ:SMTK – Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The company reported ($0.86) EPS for the quarter.
Smartkem Company Profile
SmartKem, Inc, together with its subsidiaries, develops materials and processes used to make organic thin-film (OTFT) transistors for the manufacture of flexible electronics. The company offers TRUFLEX semiconductor and dielectric inks, which uses low temperature printing processes to make transistors for the display industry.
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