SMX (Security Matters) Public Limited (NASDAQ:SMX) Sees Significant Growth in Short Interest

SMX (Security Matters) Public Limited (NASDAQ:SMX) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 226,100 shares, a growth of 65.0% from the October 15th total of 137,000 shares. Based on an average daily volume of 2,000,000 shares, the days-to-cover ratio is currently 0.1 days.

SMX (Security Matters) Public Stock Up 0.1 %

NASDAQ:SMX traded up $0.00 during trading hours on Wednesday, hitting $0.28. 626,895 shares of the company were exchanged, compared to its average volume of 680,783. The company’s 50 day moving average price is $2.26 and its 200-day moving average price is $5.95. SMX has a 52-week low of $0.27 and a 52-week high of $102.00.

Hedge Funds Weigh In On SMX (Security Matters) Public

An institutional investor recently bought a new position in SMX (Security Matters) Public stock. Virtu Financial LLC bought a new position in shares of SMX (Security Matters) Public Limited (NASDAQ:SMX) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 303,942 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned about 10.41% of SMX (Security Matters) Public at the end of the most recent reporting period. Hedge funds and other institutional investors own 15.74% of the company’s stock.

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.