SMC Co. (OTCMKTS:SMECF) Sees Large Increase in Short Interest

SMC Co. (OTCMKTS:SMECF) was the target of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 258,900 shares, a growth of 25.4% from the November 15th total of 206,400 shares. Based on an average daily volume of 6,400 shares, the days-to-cover ratio is presently 40.5 days.

SMC Stock Down 1.6 %

SMECF opened at $399.20 on Monday. SMC has a twelve month low of $394.00 and a twelve month high of $622.00. The company has a fifty day simple moving average of $429.27 and a 200 day simple moving average of $453.26.

About SMC

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment.