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

Silex Systems Limited (OTCMKTS:SILXY) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 700 shares, a decrease of 72.0% from the January 31st total of 2,500 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 0.5 days.

Silex Systems Trading Down 6.4 %

Silex Systems stock traded down C$0.84 during mid-day trading on Friday, hitting C$12.38. The company had a trading volume of 1,005 shares, compared to its average volume of 2,597. The company’s fifty day moving average is C$17.31 and its 200-day moving average is C$16.51. Silex Systems has a 12-month low of C$11.40 and a 12-month high of C$22.45.

Silex Systems Company Profile

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.