Short Interest in Silex Systems Limited (OTCMKTS:SILXY) Increases By 1,550.0%

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

Silex Systems Stock Performance

SILXY stock traded down C$0.18 during mid-day trading on Friday, hitting C$16.77. The company had a trading volume of 1,033 shares, compared to its average volume of 3,998. Silex Systems has a 12 month low of C$10.03 and a 12 month high of C$22.45. The stock’s fifty day moving average price is C$14.51 and its two-hundred day moving average price is 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.