SMX (Security Matters) Public Stock Set to Reverse Split on Tuesday, February 17th (NASDAQ:SMX)

SMX (Security Matters) Public Limited Company (NASDAQ:SMX) shares are scheduled to reverse split before the market opens on Tuesday, February 17th. The 128-625 reverse split was announced on Thursday, February 12th. The number of shares owned by shareholders will be adjusted after the market closes on Monday, February 16th.

SMX (Security Matters) Public Price Performance

Shares of SMX opened at $14.03 on Friday. SMX has a 52-week low of $3.12 and a 52-week high of $9,134.64. The business’s 50 day moving average price is $66.52 and its two-hundred day moving average price is $152.96.

Institutional Investors Weigh In On SMX (Security Matters) Public

An institutional investor recently bought a new position in SMX (Security Matters) Public stock. HRT Financial LP purchased a new stake in SMX (Security Matters) Public Limited Company (NASDAQ:SMX) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 18,579 shares of the company’s stock, valued at approximately $303,000. HRT Financial LP owned approximately 1.77% of SMX (Security Matters) Public at the end of the most recent quarter. 15.74% of the stock is owned by institutional investors and hedge funds.

SMX (Security Matters) Public Company Profile

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.