Melexis NV (OTCMKTS:MLXSF) Short Interest Update

Melexis NV (OTCMKTS:MLXSF) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 65,500 shares, an increase of 59.0% from the February 13th total of 41,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 655.0 days.

Melexis Stock Performance

Shares of OTCMKTS MLXSF remained flat at $59.00 during midday trading on Monday. The company’s 50-day moving average is $57.52 and its 200-day moving average is $76.96. Melexis has a one year low of $57.20 and a one year high of $74.25.

Melexis Company Profile

Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, current, latch and switch, inductive position, speed, pressure, tire monitoring, temperature, and optical sensors ICs and time-of-flight; embedded motor, smart, fan and pump, smart LED, and pre-driver ICs; embedded lighting; and LIN transceiver, CAN transceiver, and RFID transceivers.