SM Investments Co. (OTCMKTS:SVTMF) Sees Large Increase in Short Interest

SM Investments Co. (OTCMKTS:SVTMF) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 451 shares, a growth of 45,000.0% from the December 15th total of 1 shares. Based on an average daily trading volume, of 66 shares, the days-to-cover ratio is currently 6.8 days. Based on an average daily trading volume, of 66 shares, the days-to-cover ratio is currently 6.8 days.

SM Investments Price Performance

SVTMF stock opened at C$11.81 on Tuesday. The stock has a 50-day moving average price of C$12.17 and a two-hundred day moving average price of C$13.24. SM Investments has a 12-month low of C$11.81 and a 12-month high of C$15.54.

SM Investments Company Profile

SM Investments Corporation (OTCMKTS:SVTMF) is a leading Filipino conglomerate with diversified interests in retail, property development and banking. Established in 1958 by the late Henry Sy Sr., the company has grown from a single shoe store into one of the Philippines’ largest publicly listed groups. SM Investments operates under a unified corporate structure that leverages the strength of its core businesses while pursuing strategic initiatives in tourism, leisure and insurance.

In retail, SM Investments runs a network of department stores, supermarkets and specialty shops under brands such as SM Department Store, SM Supermarket, SM Hypermarket, ShoeMart and Watsons.