SMC Co. (OTCMKTS:SMCAY) Short Interest Update

SMC Co. (OTCMKTS:SMCAY – Get Rating) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totalling 6,700 shares, an increase of 21.8% from the April 15th total of 5,500 shares. Based on an average daily trading volume, of 438,300 shares, the short-interest ratio is currently 0.0 days.

Separately, Zacks Investment Research downgraded SMC from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 27th.

Shares of SMCAY stock traded up $0.50 during trading hours on Wednesday, hitting $24.90. The stock had a trading volume of 151,641 shares, compared to its average volume of 203,482. SMC has a one year low of $22.63 and a one year high of $37.10. The stock’s 50-day moving average price is $26.21 and its two-hundred day moving average price is $29.37.

SMC Company Profile (Get Rating)

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers directional control valves, air cylinders, rotary actuators/air grippers, electric actuators/cylinders, vacuum equipment, air preparation equipment, modular F.R.L./pressure control equipment, lubrication equipment, fittings and tubings, flow control equipment, speed controllers, silencers/exhaust cleaners/blow guns/pressure gauges, switches/sensors/controllers, and static neutralization equipment.

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