SMC Co. (OTCMKTS:SMECF – Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 76,867 shares, a decrease of 39.9% from the September 15th total of 127,795 shares. Based on an average trading volume of 1,255 shares, the days-to-cover ratio is presently 61.2 days.
SMC Stock Performance
SMECF opened at $442.92 on Friday. The company’s 50 day moving average is $450.92 and its 200-day moving average is $441.70. SMC has a 1-year low of $317.00 and a 1-year high of $556.98.
About SMC
SMC Corporation is a Japan-based manufacturer of pneumatic and automation equipment used in industrial production systems. Its products help companies control, move and monitor compressed air and other fluids in automated machinery and manufacturing processes.
The company’s product portfolio includes pneumatic actuators, control valves, air-preparation equipment, fittings, tubing, vacuum equipment, sensors, industrial process valves and temperature-control systems. SMC serves a range of industries, including factory automation, automotive manufacturing, electronics, semiconductor production, packaging, food processing and medical equipment.
Headquartered in Tokyo, SMC has built an international operating and distribution network serving customers across Japan, North America, Europe, Asia and other global markets.
See Also
- Five stocks we like better than SMC
- Okeanis Riding Record Profits as Uncertainty Grows
- Securitize’s Blockchain Ambitions Face a Reality Check
- 3 Stocks to Watch as Wall Street Wealth Fuels Consumer Spending
- Expecting a Market Correction? This Mega-Cap ETF Deserves a Spot on Your Watchlist
Receive News & Ratings for SMC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SMC and related companies with MarketBeat.com's FREE daily email newsletter.
