SemiLEDS Corporation (NASDAQ:LEDS) Short Interest Down 93.4% in December

SemiLEDS Corporation (NASDAQ:LEDS) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 1,398 shares, a decrease of 93.4% from the December 15th total of 21,308 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 17,896 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 17,896 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of SemiLEDS in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

SemiLEDS Trading Down 4.3%

LEDS traded down $0.09 during trading on Tuesday, reaching $1.91. The company had a trading volume of 8,749 shares, compared to its average volume of 18,279. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.57 and a current ratio of 0.99. SemiLEDS has a 12-month low of $1.36 and a 12-month high of $3.37. The company has a market cap of $15.68 million, a price-to-earnings ratio of -12.70 and a beta of 1.05. The firm’s 50-day simple moving average is $2.04 and its 200 day simple moving average is $2.13.

About SemiLEDS

SemiLEDS Corp. is a developer and manufacturer of high-performance light‐emitting diode (LED) solutions serving a range of commercial, industrial and specialty markets. The company designs, packages and sells both white and ultraviolet LED products that are used in applications such as general illumination, horticultural lighting, architectural accent lighting and specialty curing or sterilization processes. SemiLEDS’ product portfolio encompasses single‐die high‐power LEDs, multi‐chip arrays and custom modules tailored to specific customer requirements.

Leveraging in‐house research and development capabilities, SemiLEDS focuses on delivering advanced thermal management, high luminous efficacy and long operational lifetimes in its LED offerings.