SMC Entertainment, Inc. (OTCMKTS:SMCE) Sees Large Increase in Short Interest

SMC Entertainment, Inc. (OTCMKTS:SMCE) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 339,200 shares, an increase of 940.5% from the February 28th total of 32,600 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,784,100 shares, the days-to-cover ratio is presently 0.1 days.

SMC Entertainment Stock Up 10.5 %

Shares of OTCMKTS SMCE traded up $0.00 during midday trading on Wednesday, reaching $0.00. The company’s stock had a trading volume of 3,650,246 shares, compared to its average volume of 4,709,973. The company has a market capitalization of $2.84 million, a PE ratio of -0.21 and a beta of 0.05. SMC Entertainment has a 12-month low of $0.00 and a 12-month high of $0.01.

About SMC Entertainment

SMC Entertainment, Inc focuses on the acquisition and support of financial technology companies in the United States. The company develops and provides technology that combines artificial intelligence (AI) /machine learning (ML) driven Quantitative investing (IQ Engine) with AI-enabled wealth management tools; and offers IQ Engine, an AI driven contextual analyzer that creates a repository of various equity research.