SMC Co. (OTCMKTS:SMECF – Get Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 151,701 shares, an increase of 118.8% from the June 15th total of 69,341 shares. Based on an average daily volume of 291 shares, the days-to-cover ratio is currently 521.3 days.
SMC Stock Down 5.6%
Shares of SMECF stock opened at $433.00 on Wednesday. SMC has a one year low of $281.00 and a one year high of $556.98. The company’s 50-day simple moving average is $438.86 and its 200-day simple moving average is $425.24.
SMC Company Profile
SMC Corporation (OTCMKTS: SMECF) is a Japan‐based manufacturer specializing in pneumatic control equipment and factory automation solutions. The company designs, develops and distributes a broad range of products that serve industrial clients across sectors such as automotive, semiconductor manufacturing, food and beverage, and life sciences. Its core business centers on the control and movement of air and gas to power automated industrial processes.
The company’s product portfolio includes directional control valves, actuators, air preparation units, fittings, tubing, vacuum equipment and related accessories.
Featured Stories
- Five stocks we like better than SMC
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
Receive News & Ratings for SMC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SMC and related companies with MarketBeat.com's FREE daily email newsletter.
