SMX (Security Matters) Public (NASDAQ:SMX) Shares to Reverse Split on Tuesday, February 17th

SMX (Security Matters) Public Limited Company (NASDAQ:SMX) shares are going to reverse split on Tuesday, February 17th. The 128-625 reverse split was announced on Thursday, February 12th. The number of shares owned by shareholders will be adjusted after the market closes on Monday, February 16th.

SMX (Security Matters) Public Trading Down 16.1%

Shares of NASDAQ:SMX opened at $14.03 on Friday. SMX has a 12-month low of $3.12 and a 12-month high of $9,134.64. The business’s fifty day simple moving average is $66.52 and its 200-day simple moving average is $152.96.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SMX (Security Matters) Public stock. HRT Financial LP acquired a new position in shares of SMX (Security Matters) Public Limited Company (NASDAQ:SMX) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 18,579 shares of the company’s stock, valued at approximately $303,000. HRT Financial LP owned approximately 1.77% of SMX (Security Matters) Public as of its most recent SEC filing. 15.74% of the stock is currently owned by hedge funds and other institutional investors.

About SMX (Security Matters) Public

Security Matters Public Ltd. (NASDAQ: SMX) is a cybersecurity company specializing in hardware-enforced security solutions designed to protect computing systems and connected devices against physical and supply-chain attacks. The company’s patented approach embeds security primitives directly into hardware, offering a layer of protection that traditional software-only defenses cannot provide. By leveraging these hardware-based security elements, Security Matters aims to safeguard critical assets such as cryptographic keys, passwords and system integrity in a wide range of applications.

The company’s flagship product, VANA, comprises a suite of IP blocks and development tools that semiconductor vendors and original equipment manufacturers (OEMs) can integrate into system-on-chip (SoC) designs.