SM Investments Co. (OTCMKTS:SVTMF – Get Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 597 shares, an increase of 59,600.0% from the September 15th total of 1 shares. Based on an average daily volume of 182 shares, the days-to-cover ratio is currently 3.3 days.
SM Investments Stock Performance
Shares of SVTMF stock remained flat at C$8.00 during trading hours on Friday. The stock’s 50-day simple moving average is C$9.35 and its 200 day simple moving average is C$10.00. SM Investments has a 1 year low of C$8.00 and a 1 year high of C$12.64.
SM Investments Company Profile
SM Investments Corporation is a Philippine investment holding company with interests spanning retail, property development and banking. The company traces its origins to a shoe store established by Henry Sy Sr. in Manila in 1958 and has since developed into one of the Philippines’ largest diversified business groups.
Through its retail businesses, SM Investments is involved in department stores, supermarkets, specialty stores and other consumer-related formats. Its property interests are primarily held through SM Prime Holdings, which develops and operates shopping malls, residential projects, offices, hotels and convention centers.
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