Sembcorp Marine Ltd (OTCMKTS:SMBMF – Get Rating) saw a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 18,533,400 shares, a decrease of 60.8% from the November 15th total of 47,323,800 shares. Based on an average daily trading volume, of 57,700 shares, the days-to-cover ratio is presently 321.2 days.
Sembcorp Marine Stock Up 0.9 %
Shares of SMBMF traded up $0.00 during mid-day trading on Monday, hitting $0.11. 5,000 shares of the company's stock were exchanged, compared to its average volume of 21,161. The stock's 50-day moving average is $0.09 and its 200-day moving average is $0.08. Sembcorp Marine has a fifty-two week low of $0.06 and a fifty-two week high of $0.12.
Get Sembcorp Marine alerts:Analyst Upgrades and Downgrades
Separately, HSBC raised shares of Sembcorp Marine from a "hold" rating to a "buy" rating in a research report on Monday, November 28th.
Sembcorp Marine Company Profile
(Get Rating)Sembcorp Marine Ltd, an investment holding company, provides offshore and marine engineering solutions worldwide. The company engages in the turnkey design, engineering, procurement, construction, and commissioning of offshore newbuilding and conversions, FSOs, FPSOs, FDPSOs, FPUs, MOPUs, gas terminals, FLNGs, FSRUs, jack-ups, semi-submersibles, drill ships, SSP solutions, TLPs, and SPARs.
See Also
- Get a free copy of the StockNews.com research report on Sembcorp Marine (SMBMF)
- Two Blue Chip Health Companies The Institutions Are Buying
- What To Expect From The Q4 Earnings Reporting Season
- Here's What to Expect for the S&P 500 in 2023
- Can Bilibili be the Chinese Version of YouTube?
- Can Cano Health Recover From the Recent Sell-Off?
Receive News & Ratings for Sembcorp Marine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sembcorp Marine and related companies with MarketBeat.com's FREE daily email newsletter.