Semilux International Ltd. (NASDAQ:SELX) Sees Large Increase in Short Interest

Semilux International Ltd. (NASDAQ:SELX) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 14,200 shares, an increase of 222.7% from the September 30th total of 4,400 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 12,100 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Semilux International stock. Virtu Financial LLC purchased a new position in shares of Semilux International Ltd. (NASDAQ:SELX) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 19,489 shares of the company’s stock, valued at approximately $31,000. Virtu Financial LLC owned about 0.17% of Semilux International at the end of the most recent reporting period. 70.54% of the stock is owned by hedge funds and other institutional investors.

Semilux International Price Performance

Shares of SELX remained flat at $1.80 during trading hours on Friday. The stock had a trading volume of 28,411 shares, compared to its average volume of 241,501. The firm has a fifty day simple moving average of $1.37 and a two-hundred day simple moving average of $1.61. Semilux International has a twelve month low of $0.77 and a twelve month high of $4.39.

Semilux International Company Profile

Semilux International Ltd., an optical technology company, designs and produces optics and fluorescent modules. It offers laser lights modules and related optical components use in commercial projectors, car lights, and optical sensors; laser lights module consists of laser diodes and fluorescent chips; color filters use in optical/laser modules; color filter wheels; fluorescent chip and wheel; and wafer level optics.