SemiLEDS Corporation (NASDAQ:LEDS) Short Interest Update

SemiLEDS Corporation (NASDAQ:LEDS) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 6,355 shares, a growth of 283.3% from the January 29th total of 1,658 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 8,029 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 8,029 shares, the short-interest ratio is currently 0.8 days. Currently, 0.2% of the shares of the company are sold short.

SemiLEDS Trading Down 2.0%

LEDS stock opened at $1.49 on Friday. SemiLEDS has a 52-week low of $1.41 and a 52-week high of $3.37. The company has a quick ratio of 0.58, a current ratio of 0.94 and a debt-to-equity ratio of 0.15. The firm has a market cap of $12.26 million, a P/E ratio of -9.31 and a beta of 1.06. The company’s 50-day simple moving average is $1.73 and its 200-day simple moving average is $2.02.

SemiLEDS (NASDAQ:LEDS) last released its quarterly earnings results on Wednesday, January 14th. The semiconductor company reported ($0.09) earnings per share (EPS) for the quarter. SemiLEDS had a negative net margin of 2.99% and a negative return on equity of 42.61%. The company had revenue of $2.57 million during the quarter.

Wall Street Analysts Forecast Growth

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