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

Silex Systems Limited (OTCMKTS:SILXY) saw 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 daily volume of 3,000 shares, the short-interest ratio is presently 2.2 days.

Silex Systems Stock Performance

Shares of OTCMKTS SILXY traded down C$0.18 during midday trading on Friday, hitting C$16.77. The company’s stock had a trading volume of 1,033 shares, compared to its average volume of 3,998. The stock has a fifty day moving average price of C$14.51 and a 200 day moving average price of C$16.45. Silex Systems has a one year low of C$10.03 and a one year high of C$22.45.

Silex Systems Company Profile

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.