Silex Systems Limited (OTCMKTS:SILXY – Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 4,699 shares, an increase of 86.2% from the August 31st total of 2,524 shares. Based on an average daily trading volume, of 10,296 shares, the short-interest ratio is currently 0.5 days.
Silex Systems Stock Down 1.5%
SILXY traded down $0.22 during trading on Wednesday, hitting $14.89. The company’s stock had a trading volume of 8,325 shares, compared to its average volume of 9,608. Silex Systems has a one year low of $14.66 and a one year high of $35.50. The business’s 50 day simple moving average is $17.42 and its 200-day simple moving average is $18.94.
About Silex Systems
Silex Systems Limited is an Australian technology company focused on commercializing advanced laser-based isotope separation technology. Its principal technology, known as SILEX, is designed to enrich uranium by using lasers to selectively separate isotopes. The company’s work is aimed at supporting a potentially more flexible and energy-efficient approach to uranium enrichment and nuclear fuel production.
Silex has licensed the SILEX technology for development and commercialization through Global Laser Enrichment, a venture involving Silex and Cameco.
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