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

Silex Systems Limited (OTCMKTS:SILXY) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 4,800 shares, a growth 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 presently 0.6 days.

Silex Systems Stock Performance

Shares of OTCMKTS:SILXY traded down C$0.38 during midday trading on Friday, hitting C$11.89. 410 shares of the stock traded hands, compared to its average volume of 2,876. The business’s 50 day moving average is C$15.46 and its two-hundred day moving average is C$16.35. Silex Systems has a one year low of C$11.40 and a one year 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.