SMC Co. (OTCMKTS:SMECF) Sees Significant Growth in Short Interest

SMC Co. (OTCMKTS:SMECFGet Rating) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 70,500 shares, an increase of 22.4% from the June 30th total of 57,600 shares. Based on an average daily volume of 4,600 shares, the days-to-cover ratio is currently 15.3 days.

SMC Stock Performance

SMC stock opened at $500.70 on Thursday. The business has a 50-day moving average of $472.26 and a 200-day moving average of $517.76. SMC has a 1 year low of $410.50 and a 1 year high of $744.23.

About SMC

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SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers directional control valves, air cylinders, rotary actuators/air grippers, electric actuators/cylinders, vacuum equipment, air preparation equipment, modular F.R.L./pressure control equipment, lubrication equipment, fittings and tubings, flow control equipment, speed controllers, silencers/exhaust cleaners/blow guns/pressure gauges, switches/sensors/controllers, and static neutralization equipment.

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