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Short Interest in Smoore International Holdings Limited (OTCMKTS:SMORF) Rises By 70.7%

Financial News Live ·  Dec 2, 2022 10:01

Smoore International Holdings Limited (OTCMKTS:SMORF – Get Rating) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 9,421,400 shares, an increase of 70.7% from the October 31st total of 5,519,700 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Smoore International Price Performance

OTCMKTS:SMORF remained flat at 2.16 during mid-day trading on Thursday. Smoore International has a 12-month low of 2.10 and a 12-month high of 5.25. The stock's 50 day simple moving average is 2.16 and its 200-day simple moving average is 2.15.

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Wall Street Analyst Weigh In

Separately, Daiwa Capital Markets downgraded shares of Smoore International from an "outperform" rating to a "hold" rating in a research note on Tuesday, October 18th.

About Smoore International

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Smoore International Holdings Limited, an investment holding company, engages in the provision of vaping technology solutions. It researches, designs, and manufactures closed system vaping devices and vaping components for tobacco companies and independent vaping companies. The company also offers open system vaping devices for retail clients under the Vaporesso and FEELM brands.

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