Short Interest Alert: SMC CORPORATION (OTCMKTS:SMECF) on Focus After Report of More Shorts

November 16, 2016 - By Marie Mckinney   ·   0 Comments

Short Interest Alert: SMC CORPORATION (OTCMKTS:SMECF) on Focus After Report of More Shorts

The stock of SMC CORPORATION (OTCMKTS:SMECF) registered an increase of 94.42% in short interest. SMECF’s total short interest was 38,300 shares in November as published by FINRA. Its up 94.42% from 19,700 shares, reported previously. With 500 shares average volume, it will take short sellers 77 days to cover their SMECF’s short positions. The stock closed at $294.11 during the last session. It is down 17.64% since April 14, 2016 and is uptrending. It has outperformed by 12.96% the S&P500.

SMC Corporation is engaged in manufacturing and providing a range of pneumatic products for the global market. The company has a market cap of $20.11 billion. The Firm is engaged in manufacture, processing and sale of automatic control equipment. It currently has negative earnings. It is also engaged in manufacture and sale of sintered filters and a range of filtration equipment.

SMECF Company Profile

SMC Corporation, incorporated on April 27, 1959, is engaged in manufacturing and providing a range of pneumatic products for the global market. The Firm is engaged in manufacture, processing and sale of automatic control equipment. The Firm is also engaged in manufacture and sale of sintered filters and a range of filtration equipment. The Company’s divisions include Japan, North America, Europe, Asia and Other. The Firm offers directional control valves, air cylinders, rotary actuators/air grippers, vacuum equipment, air preparation equipment, lubrication equipment, fittings and tubing, flow control equipment, silencers/exhaust cleaners/blow guns/pressure gauges, switches/sensors, static neutralization equipment, process valves, chemical liquid valves/fittings and tubing/needle valves, process pumps (diaphragm pumps), process gas equipment, industrial filters/sintered metal elements, temperature control equipment, electric actuators/cylinders, high vacuum equipment, hydraulic equipment and pneumatic instrumentation equipment. It also offers clean series/low-particle generation, fluoropolymer equipment/polyvinyl chloride (PVC) Equipment, ISO products and arc welding process equipment.

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By Marie Mckinney


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