Short Interest in SM Investments Co. (OTCMKTS:SVTMF) Declines By 99.8%

SM Investments Co. (OTCMKTS:SVTMF) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 1 shares, a drop of 99.8% from the December 31st total of 451 shares. Based on an average trading volume of 1 shares, the days-to-cover ratio is currently 1.0 days. Based on an average trading volume of 1 shares, the days-to-cover ratio is currently 1.0 days.

SM Investments Stock Performance

SVTMF stock opened at C$11.81 on Wednesday. SM Investments has a 52-week low of C$11.81 and a 52-week high of C$15.54. The stock’s fifty day simple moving average is C$11.99 and its 200-day simple moving average is C$12.95.

About SM Investments

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.