Seatrium Limited (OTCMKTS:SMBMF – Get Free Report) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 8,402,199 shares, an increase of 349.9% from the May 31st total of 1,867,699 shares. Based on an average trading volume of 1,918 shares, the days-to-cover ratio is currently 4,380.7 days.
Seatrium Price Performance
Shares of SMBMF stock remained flat at $1.60 during trading on Friday. The business’s 50 day moving average is $1.75 and its 200 day moving average is $1.79. Seatrium has a one year low of $1.12 and a one year 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.
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