Silex Systems Limited (OTCMKTS:SILXY) Sees Significant Increase in Short Interest

Silex Systems Limited (OTCMKTS:SILXY) saw a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 400 shares, a growth of 33.3% from the May 15th total of 300 shares. Based on an average daily volume of 5,000 shares, the days-to-cover ratio is currently 0.1 days.

Silex Systems Price Performance

Shares of SILXY traded down C$0.54 during trading hours on Friday, hitting C$17.77. The company had a trading volume of 804 shares, compared to its average volume of 3,768. The business has a fifty day moving average of C$18.69 and a 200-day moving average of C$16.51. Silex Systems has a 12 month low of C$9.55 and a 12 month high of C$22.45.

About Silex Systems

Silex Systems Limited, a technology commercialization company, engages in the research and development, commercialization, and license of SILEX laser enrichment technology in Australia. It operates through three segments: Silex Systems, Translucent, and Silex USA. The company also develops cREO, a semiconductor technology.