Shares of SMX have experienced significant volatility, recently surging over 50% within 15 minutes of trading, prompting a trading halt. The stock, which has a float of 300,000 shares following a reverse split, was noted for having over 100% short interest, indicating potential for a major price movement. The surge followed the release of a press release at 9:45 AM, announcing the launch of proprietary hardware protection technology aimed at safeguarding critical hardware for the Artificial Intelligence (AI) industry. Analysts suggest that for bullish momentum to continue, the stock needs to reclaim levels above $5, with a target of $5.50.