Melexis NV (OTCMKTS:MLXSF) Sees Significant Increase in Short Interest

Melexis NV (OTCMKTS:MLXSF) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 451,642 shares, a growth of 277.0% from the December 31st total of 119,804 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ? days. Based on an average trading volume of 0 shares, the short-interest ratio is presently ? days.

Melexis Price Performance

OTCMKTS MLXSF opened at $65.62 on Thursday. Melexis has a twelve month low of $56.23 and a twelve month high of $88.28. The company’s 50-day simple moving average is $64.65 and its 200 day simple moving average is $73.80.

Melexis Company Profile

Melexis NV is a Belgian fabless semiconductor company specializing in the design, development and sale of micro-electronic components for sensing, driving and communication applications. The company’s product portfolio centers on integrated circuits and system solutions tailored primarily to the automotive market, covering magnetic, pressure and temperature sensing, as well as motor and display driver ICs. Melexis sensors enable precise measurement and control functions in vehicles, from engine management and transmission to advanced safety and driver?assistance systems.

In addition to core sensor products, Melexis offers mixed?signal ASICs, microcontrollers and high?voltage powertrain modules that support electrification and automated driving technologies.