SMC Co. (OTCMKTS:SMECF) Short Interest Update

SMC Co. (OTCMKTS:SMECF) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 322,000 shares, a drop of 15.6% from the January 31st total of 381,400 shares. Based on an average daily volume of 7,100 shares, the short-interest ratio is currently 45.4 days.

SMC Stock Up 2.7 %

SMECF stock traded up $9.87 on Wednesday, reaching $369.12. 4,425 shares of the company traded hands, compared to its average volume of 5,208. The firm has a fifty day simple moving average of $377.54 and a 200-day simple moving average of $412.34. SMC has a one year low of $342.00 and a one year high of $622.00.

About SMC

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment.