Seatrium Limited (OTCMKTS:SMBMF) Sees Large Increase in Short Interest

Seatrium Limited (OTCMKTS:SMBMF) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 20,559,661 shares, a growth of 35.0% from the January 15th total of 15,227,777 shares. Based on an average daily volume of 2,269 shares, the days-to-cover ratio is currently 9,061.1 days. Based on an average daily volume of 2,269 shares, the days-to-cover ratio is currently 9,061.1 days.

Seatrium Price Performance

Seatrium stock opened at $2.01 on Tuesday. The firm’s 50-day moving average is $1.78 and its two-hundred day moving average is $1.71. Seatrium has a 12-month low of $1.06 and a 12-month high of $2.31.

About Seatrium

Seatrium is a Singapore‐based integrated marine and offshore engineering group formed through the consolidation of two established industry players in early 2024. Headquartered in Singapore, the company delivers end-to-end solutions across the life cycle of offshore and marine assets. Its core services include engineering, procurement, construction, installation and commissioning (EPCIC) for a broad range of structures, vessels and platforms.

The company’s capabilities span the design and fabrication of offshore drilling rigs, production platforms, floating production, storage and offloading units (FPSOs), as well as the conversion and repair of marine vessels.