Melexis NV (OTCMKTS:MLXSF) Short Interest Up 18.6% in January

Melexis NV (OTCMKTS:MLXSF) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 31,900 shares, an increase of 18.6% from the January 15th total of 26,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 319.0 days.

Melexis Price Performance

MLXSF remained flat at $57.20 during trading on Friday. The company’s fifty day moving average price is $63.68 and its 200-day moving average price is $84.55. Melexis has a twelve month low of $74.25 and a twelve month high of $74.25.

About Melexis

Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, current, latch and switch, inductive position, speed, pressure, tire monitoring, temperature, and optical sensors ICs and time-of-flight; embedded motor, smart, fan and pump, smart LED, and pre-driver ICs; embedded lighting; and LIN transceiver, CAN transceiver, and RFID transceivers.