SMX (Security Matters) Public Limited (NASDAQ:SMX) Short Interest Down 49.9% in February

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

SMX (Security Matters) Public Trading Down 0.8 %

SMX (Security Matters) Public stock traded down $0.02 during mid-day trading on Friday, hitting $2.39. 54,067 shares of the company’s stock traded hands, compared to its average volume of 397,385. SMX has a fifty-two week low of $2.07 and a fifty-two week high of $649.37. The firm has a 50 day simple moving average of $4.21 and a two-hundred day simple moving average of $29.19.

Institutional Trading of SMX (Security Matters) Public

A hedge fund recently bought a new stake in SMX (Security Matters) Public stock. XTX Topco Ltd purchased a new position in shares of SMX (Security Matters) Public Limited (NASDAQ:SMX) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 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 at the end of the most recent quarter. Institutional investors and hedge funds 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.