Seatrium Limited (OTCMKTS:SMBMF – Get Free Report) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 5,392,847 shares, a decline of 56.2% from the August 31st total of 12,318,947 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is presently 4,148.3 days.
Seatrium Stock Performance
OTCMKTS SMBMF remained flat at $1.39 on Tuesday. 1,954 shares of the company were exchanged, compared to its average volume of 3,210. The stock’s fifty day moving average price is $1.62 and its two-hundred day moving average price is $1.70. Seatrium has a 12-month low of $1.12 and a 12-month high of $2.14.
Seatrium Company Profile
Seatrium Limited is a Singapore-based engineering and marine company that designs, builds and maintains offshore and marine assets for the energy industry. Its activities include offshore production and drilling units, floating production storage and offloading vessels, offshore platforms, specialized vessels and other infrastructure used in oil and gas, renewable energy and related industrial applications.
The company also provides repair, refurbishment, conversion, upgrading and maintenance services for vessels and offshore facilities.
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