Seatrium Limited (OTCMKTS:SMBMF – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 17,243,456 shares, an increase of 105.2% from the June 15th total of 8,402,199 shares. Based on an average daily volume of 110 shares, the short-interest ratio is presently 156,758.7 days.
Seatrium Price Performance
Shares of SMBMF opened at $1.65 on Thursday. Seatrium has a 1-year low of $1.12 and a 1-year high of $2.31. The firm’s 50 day simple moving average is $1.68 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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