SMC Co. (OTCMKTS:SMECF – Get Free Report) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 151,701 shares, a growth of 118.8% from the June 15th total of 69,341 shares. Based on an average daily volume of 291 shares, the short-interest ratio is currently 521.3 days.
SMC Stock Up 10.1%
OTCMKTS:SMECF opened at $476.83 on Thursday. SMC has a 52 week low of $281.00 and a 52 week high of $556.98. The firm’s fifty day moving average is $438.75 and its 200-day moving average is $426.14.
SMC Company Profile
SMC Corporation (OTCMKTS: SMECF) is a Japan‐based manufacturer specializing in pneumatic control equipment and factory automation solutions. The company designs, develops and distributes a broad range of products that serve industrial clients across sectors such as automotive, semiconductor manufacturing, food and beverage, and life sciences. Its core business centers on the control and movement of air and gas to power automated industrial processes.
The company’s product portfolio includes directional control valves, actuators, air preparation units, fittings, tubing, vacuum equipment and related accessories.
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