Short Interest in Seatrium Limited (OTCMKTS:SMBMF) Expands By 24.8%

Seatrium Limited (OTCMKTS:SMBMF) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 13,343,545 shares, an increase of 24.8% from the November 30th total of 10,692,489 shares. Based on an average trading volume of 2,741 shares, the short-interest ratio is presently 4,868.1 days. Based on an average trading volume of 2,741 shares, the short-interest ratio is presently 4,868.1 days.

Seatrium Stock Performance

Shares of Seatrium stock opened at $1.75 on Friday. Seatrium has a one year low of $1.06 and a one year high of $2.31. The stock’s 50-day moving average is $1.66 and its 200 day moving average is $1.68.

About Seatrium

Seatrium is a Singapore‐based integrated marine and offshore engineering group formed through the consolidation of two established industry players in early 2024. Headquartered in Singapore, the company delivers end-to-end solutions across the life cycle of offshore and marine assets. Its core services include engineering, procurement, construction, installation and commissioning (EPCIC) for a broad range of structures, vessels and platforms.

The company’s capabilities span the design and fabrication of offshore drilling rigs, production platforms, floating production, storage and offloading units (FPSOs), as well as the conversion and repair of marine vessels.