Short Interest in Silex Systems Limited (OTCMKTS:SILXY) Declines By 33.3%

Silex Systems Limited (OTCMKTS:SILXY) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 2,600 shares, a drop of 33.3% from the November 30th total of 3,900 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is presently 1.6 days.

Silex Systems Trading Up 1.8 %

SILXY traded up C$0.28 on Monday, hitting C$15.75. The company had a trading volume of 936 shares, compared to its average volume of 3,854. The business’s fifty day simple moving average is C$17.81 and its 200 day simple moving average is C$16.14. Silex Systems has a 12-month low of C$11.40 and a 12-month high of C$22.45.

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.