Seatrium Limited (OTCMKTS:SMBMF – Get Free Report) was the recipient of 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 days-to-cover ratio is currently 784.4 days.
Seatrium Price Performance
Shares of OTCMKTS SMBMF opened at $1.53 on Monday. Seatrium has a 52-week low of $1.12 and a 52-week high of $2.31. The business has a 50-day moving average price of $1.80 and a 200 day moving average price of $1.78.
Seatrium Company Profile
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.
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