Short Interest in SMC Co. (OTCMKTS:SMECF) Drops By 15.1%

SMC Co. (OTCMKTS:SMECF) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 167,900 shares, a drop of 15.1% from the June 30th total of 197,800 shares. Based on an average daily volume of 2,000 shares, the short-interest ratio is presently 84.0 days.

SMC Trading Up 2.4 %

Shares of OTCMKTS SMECF opened at $471.00 on Tuesday. SMC has a 1 year low of $438.64 and a 1 year high of $622.00. The company’s 50-day moving average is $495.89 and its 200 day moving average is $536.00.

SMC Company Profile

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.