Seatrium Limited (OTCMKTS:SMBMF – Get Free Report) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,867,699 shares, an increase of 135.6% from the May 14th total of 792,793 shares. Based on an average daily volume of 2,381 shares, the days-to-cover ratio is currently 784.4 days.
Seatrium Stock Down 1.0%
OTCMKTS:SMBMF opened at $1.53 on Friday. Seatrium has a fifty-two week low of $1.12 and a fifty-two week high of $2.31. The firm’s fifty day simple moving average is $1.80 and its 200-day simple moving average is $1.78.
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.
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