SMJ Flags 'Unusual Market Action,' Says No Undisclosed News Driving Trades

SMJ International Holdings (NYSE:SMJF) stock declined on Thursday following the company’s statement regarding recent unusual market activity. The company confirmed it is investigating irregular trading activity observed on February 17, 2026. SMJ reported that inquiries have not revealed any undisclosed developments, and no corrective action is warranted at this time. Short interest data offers further context. In the latest reporting period, short interest declined from 215,350 shares to 80,260 shares, representing 2.97% of the float. With a short ratio of one day, remaining short sellers could cover quickly, limiting the potential for a prolonged short squeeze. SMJ began trading on NYSE American on December 4, 2025, raising $10.82 million at $4 per share. Newly listed small-cap stocks often attract early short positions, so the recent decline in short interest may be a constructive signal as the company continues to review trading activity. SMJ Stock Plummets Below Moving Averages Currently, SMJ International Holdings is trading 70.5% below its 20-day simple moving average (SMA) and 70% below its 50-day SMA, indicating significant weakness in the stock’s performance. Year-to-date, shares are down 71.41%, and the stock is closer to its 52-week lows than its highs. The RSI is at 13.70, indicating the stock is oversold, which could signal a potential rebound if buying interest returns. Meanwhile, the MACD is at -0.4236, below its signal line of -0.0323, indicating bearish momentum in the stock. The combination of oversold RSI and bearish MACD suggests mixed momentum, indicating that while the stock is oversold, the current trend remains negative. Key Resistance: $4.50 Key Support: $1.00 SMJ International specializes in the sale and distribution of a wide range of flooring products, including carpet tiles, broadloom carpets, and vinyl tiles. The company operates under the proprietary brand ‘SMJ’ and also supplies environmentally friendly flooring products, promoting sustainable building practices in Asia. SMJ Scores Low on Benzinga Edge Value Rank Below is the Benzinga Edge scorecard for SMJ International Holdings, highlighting its strengths and weaknesses compared to the broader market: Value Rank: 6.01 — The stock is considered weak in terms of value compared to its peers. The Verdict: SMJ International Holdings’ Benzinga Edge signal reveals a classic ‘Weak’ setup. The low Value score indicates that the stock may be trading at a steep premium relative to its peers, suggesting caution for potential investors. SMJF Price Action: SMJ International shares were down 7.47% at $1.42 at the time of publication on Thursday, according to Benzinga Pro data. Image via Shutterstock