Short Interest in SMC Entertainment, Inc. (OTCMKTS:SMCE) Declines By 94.8%

SMC Entertainment, Inc. (OTCMKTS:SMCE) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 8,800 shares, a decline of 94.8% from the December 31st total of 168,700 shares. Based on an average trading volume of 8,208,200 shares, the days-to-cover ratio is currently 0.0 days.

SMC Entertainment Stock Up 21.4 %

Shares of SMCE traded up $0.00 during mid-day trading on Thursday, hitting $0.00. 4,729,842 shares of the company traded hands, compared to its average volume of 8,015,923. SMC Entertainment has a 1 year low of $0.00 and a 1 year high of $0.01. The stock has a market capitalization of $2.30 million, a price-to-earnings ratio of -0.17 and a beta of 0.48.

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.