SMJ International Holdings Inc. (NYSEAMERICAN:SMJF) Sees Significant Increase in Short Interest
by Scott Moore · The Cerbat GemSMJ International Holdings Inc. (NYSEAMERICAN:SMJF – Get Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 464,712 shares, an increase of 1,079.1% from the August 15th total of 39,412 shares. Based on an average daily volume of 2,820,698 shares, the days-to-cover ratio is presently 0.2 days. Currently, 1.7% of the company’s shares are sold short.
SMJ International Price Performance
Shares of SMJF stock traded up $0.03 during mid-day trading on Friday, hitting $1.07. 253,706 shares of the company’s stock were exchanged, compared to its average volume of 1,864,114. SMJ International has a fifty-two week low of $0.82 and a fifty-two week high of $11.48. The stock has a 50-day simple moving average of $5.84 and a two-hundred day simple moving average of $4.53.
About SMJ International
SMJ International Holdings Inc is a premium flooring specialist which distributes a wide range of premier flooring products under its proprietary SMJ brand across Asia markets. SMJ International Holdings Inc is based in SINGAPORE.
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