Short Interest in Silex Systems Limited (OTCMKTS:SILXY) Expands By 71.4%

Silex Systems Limited (OTCMKTS:SILXY) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 4,800 shares, an increase of 71.4% from the February 28th total of 2,800 shares. Based on an average trading volume of 8,300 shares, the days-to-cover ratio is currently 0.6 days.

Silex Systems Stock Performance

Shares of Silex Systems stock opened at C$11.89 on Monday. Silex Systems has a 52-week low of C$11.40 and a 52-week high of C$22.45. The stock’s 50-day simple moving average is C$15.46 and its 200 day simple moving average is C$16.40.

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.