Seatrium Limited (OTCMKTS:SMBMF) Short Interest Update

Seatrium Limited (OTCMKTS:SMBMF) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totaling 799,132 shares, a drop of 75.6% from the March 15th total of 3,268,561 shares. Based on an average trading volume of 1,251 shares, the short-interest ratio is presently 638.8 days.

Seatrium Stock Performance

Shares of Seatrium stock opened at $1.95 on Monday. The company has a 50 day simple moving average of $1.89 and a two-hundred day simple moving average of $1.75. Seatrium has a 1 year low of $1.06 and a 1 year high of $2.31.

Seatrium Company Profile

Seatrium is a Singapore‐based integrated marine and offshore engineering group formed through the consolidation of two established industry players in early 2024. Headquartered in Singapore, the company delivers end-to-end solutions across the life cycle of offshore and marine assets. Its core services include engineering, procurement, construction, installation and commissioning (EPCIC) for a broad range of structures, vessels and platforms.

The company’s capabilities span the design and fabrication of offshore drilling rigs, production platforms, floating production, storage and offloading units (FPSOs), as well as the conversion and repair of marine vessels.