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

SMC Entertainment, Inc. (OTCMKTS:SMCE) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 32,600 shares, an increase of 107.6% from the February 13th total of 15,700 shares. Based on an average daily trading volume, of 4,061,000 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

SMC Entertainment Stock Performance

Shares of SMC Entertainment stock traded down $0.00 on Friday, hitting $0.00. 1,076,340 shares of the company traded hands, compared to its average volume of 5,065,686. SMC Entertainment has a 12-month low of $0.00 and a 12-month high of $0.01. The stock has a market cap of $4.74 million, a P/E ratio of -0.35 and a beta of 0.05.

SMC Entertainment Company Profile

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.