Silex Systems Limited (OTCMKTS:SILXY) Sees Significant Growth in Short Interest

Silex Systems Limited (OTCMKTS:SILXY) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 6,600 shares, a growth of 1,550.0% from the September 30th total of 400 shares. Based on an average daily trading volume, of 3,000 shares, the days-to-cover ratio is currently 2.2 days.

Silex Systems Trading Down 1.1 %

Shares of OTCMKTS SILXY traded down C$0.18 on Friday, reaching C$16.77. 1,033 shares of the company traded hands, compared to its average volume of 3,998. Silex Systems has a fifty-two week low of C$10.03 and a fifty-two week high of C$22.45. The company has a 50 day moving average of C$14.51 and a 200 day moving average of C$16.45.

About Silex Systems

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.