SemiLEDS Corporation (NASDAQ:LEDS) Short Interest Update

SemiLEDS Corporation (NASDAQ:LEDS) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 1,398 shares, a drop of 93.4% from the December 15th total of 21,308 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 17,896 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 17,896 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

SemiLEDS Stock Performance

NASDAQ:LEDS traded up $0.04 during trading hours on Wednesday, reaching $1.98. 19,542 shares of the stock were exchanged, compared to its average volume of 19,238. The stock has a market capitalization of $16.26 million, a P/E ratio of -13.18 and a beta of 1.05. The firm has a 50 day simple moving average of $2.02 and a 200-day simple moving average of $2.13. The company has a quick ratio of 0.57, a current ratio of 0.99 and a debt-to-equity ratio of 0.16. SemiLEDS has a 52 week low of $1.41 and a 52 week high of $3.37.

SemiLEDS (NASDAQ:LEDS) last issued its quarterly earnings results on Wednesday, January 14th. The semiconductor company reported ($0.09) earnings per share for the quarter. SemiLEDS had a negative net margin of 2.63% and a negative return on equity of 37.83%.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of SemiLEDS in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

About SemiLEDS

SemiLEDS Corp. is a developer and manufacturer of high-performance light‐emitting diode (LED) solutions serving a range of commercial, industrial and specialty markets. The company designs, packages and sells both white and ultraviolet LED products that are used in applications such as general illumination, horticultural lighting, architectural accent lighting and specialty curing or sterilization processes. SemiLEDS’ product portfolio encompasses single‐die high‐power LEDs, multi‐chip arrays and custom modules tailored to specific customer requirements.

Leveraging in‐house research and development capabilities, SemiLEDS focuses on delivering advanced thermal management, high luminous efficacy and long operational lifetimes in its LED offerings.