Silex Systems Limited (OTCMKTS:SILXY – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 8,585 shares, an increase of 71.7% from the September 30th total of 4,999 shares. Based on an average daily volume of 20,165 shares, the days-to-cover ratio is currently 0.4 days.
Silex Systems Price Performance
Shares of SILXY opened at $12.00 on Tuesday. Silex Systems has a 52-week low of $11.07 and a 52-week high of $32.46. The business’s 50 day moving average price is $15.41 and its two-hundred day moving average price is $19.16.
Silex Systems Company Profile
Silex Systems Limited is an Australian technology company focused on the development and commercialization of laser-based isotope separation technology. Its principal platform, known as SILEX, is designed to separate isotopes using precisely tuned lasers and may support applications in the nuclear energy, medical, and advanced technology industries.
The company’s primary commercial focus is the potential use of SILEX technology for uranium enrichment. Silex Systems is working with Global Laser Enrichment LLC, a United States-based venture, to develop and deploy the technology for commercial uranium enrichment at a proposed facility in North Carolina.
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