Silex Systems Limited (OTCMKTS:SILXY) Sees Large Decline in Short Interest

Silex Systems Limited (OTCMKTS:SILXY) saw a significant drop in short interest in 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 trading volume of 1,600 shares, the days-to-cover ratio is presently 1.6 days.

Silex Systems Stock Performance

OTCMKTS:SILXY remained flat at C$15.48 during mid-day trading on Friday. The firm has a 50 day moving average price of C$17.84 and a 200-day moving average price of C$16.18. 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.