Short Interest in SMC Co. (OTCMKTS:SMECF) Increases By 24.7%

SMC Co. (OTCMKTS:SMECF) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totalling 322,900 shares, a growth of 24.7% from the November 30th total of 258,900 shares. Based on an average daily volume of 8,500 shares, the days-to-cover ratio is currently 38.0 days.

SMC Stock Performance

Shares of SMECF stock traded down $8.99 on Tuesday, reaching $382.55. 7,818 shares of the stock were exchanged, compared to its average volume of 1,775. SMC has a twelve month low of $373.69 and a twelve month high of $622.00. The business’s 50 day moving average price is $421.30 and its 200 day moving average price is $445.10.

SMC Company Profile

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment.