SMC Co. (OTCMKTS:SMECF) Short Interest Down 15.6% in February

SMC Co. (OTCMKTS:SMECF) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 322,000 shares, a decline of 15.6% from the January 31st total of 381,400 shares. Based on an average trading volume of 7,100 shares, the days-to-cover ratio is currently 45.4 days.

SMC Price Performance

SMECF stock opened at $360.55 on Friday. The firm has a 50-day moving average price of $376.29 and a 200-day moving average price of $411.68. SMC has a 12 month low of $342.00 and a 12 month high of $620.55.

About SMC

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.