Short Interest in Seatrium Limited (OTCMKTS:SMBMF) Rises By 105.2%

Seatrium Limited (OTCMKTS:SMBMF) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 17,243,456 shares, a growth of 105.2% from the June 15th total of 8,402,199 shares. Based on an average daily trading volume, of 110 shares, the short-interest ratio is presently 156,758.7 days.

Seatrium Price Performance

Seatrium stock opened at $1.65 on Wednesday. Seatrium has a 52 week low of $1.12 and a 52 week high of $2.31. The company’s 50-day moving average price is $1.68 and its two-hundred day moving average price 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.