SMX (Security Matters) Public Limited (NASDAQ:SMXWW) Sees Large Increase in Short Interest

SMX (Security Matters) Public Limited (NASDAQ:SMXWW) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 60,265 shares, an increase of 63.2% from the November 30th total of 36,937 shares. Based on an average trading volume of 998,941 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 998,941 shares, the days-to-cover ratio is currently 0.1 days.

SMX (Security Matters) Public Price Performance

Shares of SMXWW traded down $0.03 during midday trading on Tuesday, reaching $0.05. The stock had a trading volume of 406,783 shares, compared to its average volume of 89,690. The company’s 50-day moving average is $0.07 and its 200 day moving average is $0.04. SMX has a 12-month low of $0.02 and a 12-month high of $0.58.

SMX (Security Matters) Public Company Profile

SMX (Security Matters) Public Limited Company, through its subsidiaries, provides solution for authentication and track and trace challenges. Its proprietary marker system embeds a permanent or removable mark on solid, liquid, or gaseous objects or materials. The company's solutions comprise physical or chemical marker system coupled with a reader and connected to a blockchain digital platform for application in process tracing, authentication, and sustainability and circular economics industries.