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

by · The Cerbat Gem

Melexis NV (OTCMKTS:MLXSF – Get Free Report) saw a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 18,600 shares, a drop of 17.3% from the October 15th total of 22,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Melexis Price Performance

MLXSF stock opened at $74.25 on Friday. Melexis has a twelve month low of $74.25 and a twelve month high of $74.25. The business’s 50-day simple moving average is $93.91 and its 200 day simple moving average is $104.80.

Melexis Company Profile

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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.

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