Short Interest in Silex Systems Limited (OTCMKTS:SILXY) Drops By 35.3%

Silex Systems Limited (OTCMKTS:SILXY) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 5,500 shares, a drop of 35.3% from the October 31st total of 8,500 shares. Based on an average daily trading volume, of 9,200 shares, the days-to-cover ratio is currently 0.6 days.

Silex Systems Stock Performance

OTCMKTS SILXY traded up C$0.56 during trading hours on Thursday, hitting C$19.61. 448 shares of the company traded hands, compared to its average volume of 4,023. The business’s 50-day moving average is C$16.78 and its 200-day moving average is C$16.61. Silex Systems has a twelve month low of C$10.23 and a twelve 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.