Short Interest in Semilux International Ltd. (NASDAQ:SELX) Decreases By 28.9%

Semilux International Ltd. (NASDAQ:SELX) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 10,100 shares, a drop of 28.9% from the October 15th total of 14,200 shares. Based on an average trading volume of 11,400 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Semilux International stock. Virtu Financial LLC purchased a new stake in shares of Semilux International Ltd. (NASDAQ:SELX) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 19,489 shares of the company’s stock, valued at approximately $31,000. Virtu Financial LLC owned approximately 0.17% of Semilux International as of its most recent SEC filing. 70.54% of the stock is currently owned by institutional investors and hedge funds.

Semilux International Price Performance

Shares of NASDAQ SELX traded down $0.02 during midday trading on Friday, hitting $1.48. 1,508 shares of the company traded hands, compared to its average volume of 223,832. Semilux International has a 12-month low of $0.77 and a 12-month high of $4.39. The stock has a 50-day moving average price of $1.40 and a 200 day moving average price of $1.60.

About Semilux International

Semilux International Ltd., an optical technology company, designs and produces optics and fluorescent modules. It offers laser lights modules and related optical components use in commercial projectors, car lights, and optical sensors; laser lights module consists of laser diodes and fluorescent chips; color filters use in optical/laser modules; color filter wheels; fluorescent chip and wheel; and wafer level optics.