Important Short Interest Filing: Is SMITH-MIDLAND CORPORATION (OTCMKTS:SMID)’s Fuel Running High? Reports Show Less Sellers

November 16, 2016 - By kentuckypostne   ·   0 Comments

Important Short Interest Filing: Is SMITH MIDLAND CORPORATION (OTCMKTS:SMID)’s Fuel Running High? Reports Show Less Sellers

The stock of SMITH-MIDLAND CORPORATION (OTCMKTS:SMID) registered a decrease of 62.5% in short interest. SMID’s total short interest was 300 shares in November as published by FINRA. Its down 62.5% from 800 shares, reported previously. The stock closed at $4.88 during the last session. It is down 106.78% since April 14, 2016 and is uptrending. It has outperformed by 102.09% the S&P500.

Smith-Midland Corporation invents, develops, makes, markets, leases, licenses, sells and installs a range of precast concrete products for use in the construction, highway, utilities and farming industries, through its subsidiaries. The company has a market cap of $28.69 million. The Company’s precast and barrier rental clients are primarily general contractors and federal, state, and local transportation authorities located in the Mid-Atlantic, Northeastern, Midwestern and Southeastern regions of the United States. It has a 14.7 P/E ratio. It offers products, including Easi-Set SlenderWall Lightweight Construction Panels, Easi-Set Sierra Wall, Easi-Set Precast Building and Easi-Span Expandable Precast Building, Easi-Set Utility Vault, SoftSound Soundwall Panels, Beach Prisms Erosion Control Modules and H2Out Secondary Drainage System.

SMID Company Profile

Smith-Midland Corporation, incorporated on August 2, 1994, invents, develops, makes, markets, leases, licenses, sells and installs a range of precast concrete products for use in the construction, highway, utilities and farming industries, through its subsidiaries. The Company’s precast and barrier rental clients are primarily general contractors and federal, state, and local transportation authorities located in the Mid-Atlantic, Northeastern, Midwestern and Southeastern regions of the United States. It offers products, including SlenderWall, J-J Hooks Highway Safety Barrier, SoftSound, Sierra Wall and Beach Prisms erosion mitigating modules. The Company’s precast subsidiaries also produce farm products, such as cattleguards and water and feed troughs, as well as custom order precast concrete products with various architectural surfaces, and generic highway sound barriers, retaining walls and utility vaults.

More recent Smith-Midland Corporation (OTCMKTS:SMID) news were published by: Seekingalpha.com which released: “Smith-Midland Is A Rapidly Growing, Undiscovered Company” on August 15, 2016. Also Businesswire.com published the news titled: “SMC Announces Financial Results for the Three and Nine Months Ended September …” on November 14, 2016. Businesswire.com‘s news article titled: “SMC Announces Financial Results for the Year Ended December 31, 2015” with publication date: March 28, 2016 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By kentuckypostne


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>