Short Interest in SMX (Security Matters) Public Limited (NASDAQ:SMX) Decreases By 49.9%

SMX (Security Matters) Public Limited (NASDAQ:SMX) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 92,000 shares, a decline of 49.9% from the February 13th total of 183,700 shares. Based on an average daily volume of 1,420,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 98.9% of the company’s stock are sold short.

SMX (Security Matters) Public Stock Down 0.8 %

SMX (Security Matters) Public stock traded down $0.02 during mid-day trading on Friday, reaching $2.39. The company’s stock had a trading volume of 54,067 shares, compared to its average volume of 397,385. SMX has a 12 month low of $2.07 and a 12 month high of $649.37. The business’s 50 day simple moving average is $4.21 and its 200 day simple moving average is $29.19.

Hedge Funds Weigh In On SMX (Security Matters) Public

A hedge fund recently bought a new stake in SMX (Security Matters) Public stock. XTX Topco Ltd bought a new position in shares of SMX (Security Matters) Public Limited (NASDAQ:SMX) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 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.

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.