Silex Systems Limited (OTCMKTS:SILXY) Short Interest Down 94.0% in March
by Amy Steele · The Cerbat GemSilex Systems Limited (OTCMKTS:SILXY – Get Free Report) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totaling 1,046 shares, a decline of 94.0% from the March 15th total of 17,353 shares. Based on an average daily trading volume, of 17,551 shares, the days-to-cover ratio is currently 0.1 days.
Silex Systems Stock Performance
Shares of SILXY traded down $0.09 during trading hours on Friday, reaching $20.16. 2,075 shares of the company’s stock traded hands, compared to its average volume of 12,851. Silex Systems has a 12 month low of $8.25 and a 12 month high of $35.50. The firm’s 50 day simple moving average is $21.50 and its 200-day simple moving average is $24.57.
About Silex Systems
Silex Systems (OTCMKTS:SILXY) is an Australian‐based technology company specializing in the development and commercialization of laser‐based separation processes and precision laser systems. Founded in 1990 and headquartered in Sydney, the company leverages proprietary photonic and laser expertise to address niche applications in the nuclear fuel cycle, microfabrication and advanced manufacturing sectors. Its core focus lies in the SILEX laser isotope separation technology, which offers higher efficiency and lower energy consumption compared with conventional centrifuge or diffusion methods for uranium enrichment.
The SILEX process was developed through a series of research collaborations and scale‐up demonstrations, culminating in a commercial agreement with Global Laser Enrichment (GLE), a joint venture formed to pursue deployment in the United States.