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

Silex Systems Limited (OTCMKTS:SILXY) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 1,300 shares, a decrease of 27.8% from the June 30th total of 1,800 shares. Based on an average daily trading volume, of 4,400 shares, the days-to-cover ratio is currently 0.3 days.

Silex Systems Stock Performance

SILXY traded up C$0.05 during trading hours on Friday, hitting C$15.09. 600 shares of the stock were exchanged, compared to its average volume of 3,362. The stock has a 50-day simple moving average of C$18.20 and a 200-day simple moving average of C$17.29. Silex Systems has a 12 month low of C$9.55 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.