November 16, 2016 - By Dolores Ford · 0 Comments
The stock of SMARTMETRIC INCORPORATED (OTCMKTS:SMME) registered an increase of 16.98% in short interest. SMME’s total short interest was 6,200 shares in November as published by FINRA. Its up 16.98% from 5,300 shares, reported previously. The stock closed at $0.075 during the last session. It is down 27.27% since April 14, 2016 and is downtrending. It has underperformed by 31.96% the S&P500.
SmartMetric, Inc. is a development-stage company, which is engaged in the technology industry. The company has a market cap of $15.28 million. The Company’s products are a fingerprint sensor activated payments card and security card with a finger sensor and functional fingerprint reader embedded inside the card with a rechargeable battery for portable biometric identification and card activation. It currently has negative earnings. This card is referred to as a biometric card or the SmartMetric Biometric Card.
SmartMetric, Inc. (SmartMetric), incorporated on December 18, 2002, is a development-stage company, which is engaged in the technology industry. The Company’s products are a fingerprint sensor activated payments card and security card with a finger sensor and functional fingerprint reader embedded inside the card with a rechargeable battery for portable biometric identification and card activation. This card is referred to as a biometric card or the SmartMetric Biometric Card. The SmartMetric Biometric fingerprint activated payments card is a credit card size plastic card. The Company’s card surface consists of two components. The first is a smartcard chip that is an interface that connects to universal serial bus (USB) computer smartcard readers, automated teller machine (ATM) machines and smartcard point-of-sale (POS) machines in retail outlets. The second component is a sensor that protrudes through the card’s surface. This sensor is connected to a miniature circuit board that allows the sensor to read a person’s fingerprint and match it with the user’s pre stored fingerprint encrypted and resident inside the circuit board.
More notable recent Smartmetric Inc (OTCMKTS:SMME) news were published by: Seekingalpha.com which released: “An Interview With SmartMetric CEO Chaya Hendrick” on September 16, 2013, also Law360.com with their article: “SmartMetric To Take Mastercard Fee Dispute To Fed. Circ.” published on May 08, 2015, Twst.com published: “Interview with the Founder, President, CEO and Chairman: SmartMetric, Inc …” on June 03, 2016. More interesting news about Smartmetric Inc (OTCMKTS:SMME) were released by: Law360.com and their article: “Fed. Circ. Upholds Visa, MasterCard Win In $13B Patent Case” published on August 13, 2014 as well as Marketwired.com‘s news article titled: “SmartMetric Wins $3 Million Fee Dispute With Visa Inc. and Mastercard …” with publication date: March 26, 2015.
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By Dolores Ford