Short Interest in SMX (Security Matters) Public Limited (NASDAQ:SMX) Declines By 30.1%

SMX (Security Matters) Public Limited (NASDAQ:SMX) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 64,300 shares, a decrease of 30.1% from the February 28th total of 92,000 shares. Approximately 69.1% of the company’s stock are sold short. Based on an average daily volume of 659,500 shares, the days-to-cover ratio is currently 0.1 days.

SMX (Security Matters) Public Stock Down 6.0 %

Shares of SMX stock traded down $0.11 on Friday, hitting $1.73. The company’s stock had a trading volume of 121,546 shares, compared to its average volume of 397,573. SMX has a fifty-two week low of $1.60 and a fifty-two week high of $619.88. The firm’s fifty day moving average price is $3.01 and its 200-day moving average price is $24.11.

Institutional Trading of SMX (Security Matters) Public

An institutional investor recently bought a new position in SMX (Security Matters) Public stock. Anson Funds Management LP bought 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 Form 13F filing with the SEC. The fund bought 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 hedge funds and other institutional investors.

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.