SMX (Security Matters) Public Limited Company (NASDAQ:SMX – Get Free Report) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 742,767 shares, a growth of 115.1% from the April 15th total of 345,345 shares. Approximately 11.2% of the company’s stock are short sold. Based on an average trading volume of 3,305,102 shares, the short-interest ratio is presently 0.2 days.
SMX (Security Matters) Public Trading Down 15.1%
Shares of NASDAQ SMX opened at $8.19 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.59 and a quick ratio of 0.59. The business’s 50-day simple moving average is $161.97 and its 200-day simple moving average is $2,878.08. SMX has a 52 week low of $7.70 and a 52 week high of $151,292.41.
SMX (Security Matters) Public (NASDAQ:SMX – Get Free Report) last posted its earnings results on Friday, March 20th. The company reported $881.80 earnings per share for the quarter.
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Institutional Trading of SMX (Security Matters) Public
Large investors have recently modified their holdings of the company. Geode Capital Management LLC acquired a new position in SMX (Security Matters) Public in the 4th quarter valued at $98,000. Engineers Gate Manager LP acquired a new position in SMX (Security Matters) Public during the 4th quarter worth $227,000. Finally, HRT Financial LP acquired a new position in SMX (Security Matters) Public during the 4th quarter worth $303,000. 15.74% of the stock is owned by institutional investors.
About SMX (Security Matters) Public
Security Matters Public Ltd. (NASDAQ: SMX) is a cybersecurity company specializing in hardware-enforced security solutions designed to protect computing systems and connected devices against physical and supply-chain attacks. The company’s patented approach embeds security primitives directly into hardware, offering a layer of protection that traditional software-only defenses cannot provide. By leveraging these hardware-based security elements, Security Matters aims to safeguard critical assets such as cryptographic keys, passwords and system integrity in a wide range of applications.
The company’s flagship product, VANA, comprises a suite of IP blocks and development tools that semiconductor vendors and original equipment manufacturers (OEMs) can integrate into system-on-chip (SoC) designs.
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