Seatrium Limited (OTCMKTS:SMBMF – Get Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,867,699 shares, an increase of 135.6% from the May 14th total of 792,793 shares. Based on an average daily volume of 2,381 shares, the short-interest ratio is presently 784.4 days.
Seatrium Trading Down 1.0%
SMBMF stock opened at $1.53 on Friday. Seatrium has a 1-year low of $1.12 and a 1-year high of $2.31. The business’s 50 day moving average is $1.80 and its 200-day moving average is $1.78.
About Seatrium
Seatrium is a Singapore‐based integrated marine and offshore engineering group formed through the consolidation of two established industry players in early 2024. Headquartered in Singapore, the company delivers end-to-end solutions across the life cycle of offshore and marine assets. Its core services include engineering, procurement, construction, installation and commissioning (EPCIC) for a broad range of structures, vessels and platforms.
The company’s capabilities span the design and fabrication of offshore drilling rigs, production platforms, floating production, storage and offloading units (FPSOs), as well as the conversion and repair of marine vessels.
Further Reading
- Five stocks we like better than Seatrium
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
- Alphabet’s Most Overlooked Division Just Had a Big Week
- Cooking Up Profits: Cracker Barrel’s Turnaround
- Time to Sell? 3 Winners With Fading Technical Momentum
Receive News & Ratings for Seatrium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seatrium and related companies with MarketBeat.com's FREE daily email newsletter.
