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

SMX (Security Matters) Public Limited (NASDAQ:SMX) saw a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 92,000 shares, a drop of 49.9% from the February 13th total of 183,700 shares. Currently, 98.9% of the shares of the company are sold short. Based on an average daily volume of 1,420,000 shares, the short-interest ratio is presently 0.1 days.

SMX (Security Matters) Public Stock Down 2.8 %

NASDAQ:SMX opened at $2.41 on Friday. The firm’s 50 day moving average is $4.43 and its 200 day moving average is $30.28. SMX has a 12 month low of $1.98 and a 12 month high of $649.37.

Institutional Trading of SMX (Security Matters) Public

A hedge fund recently bought a new stake in SMX (Security Matters) Public stock. XTX Topco Ltd acquired a new stake in shares of SMX (Security Matters) Public Limited (NASDAQ:SMX) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 77,195 shares of the company’s stock, valued at approximately $46,000. XTX Topco Ltd owned about 74.95% of SMX (Security Matters) Public as of its most recent SEC filing. Institutional investors own 15.74% of the company’s stock.

SMX (Security Matters) Public Company Profile

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.