Silex Systems Limited (OTCMKTS:SILXY – Get Free Report) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 4,790 shares, an increase of 319.8% from the November 30th total of 1,141 shares. Based on an average daily trading volume, of 14,014 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 14,014 shares, the days-to-cover ratio is currently 0.3 days.
Silex Systems Stock Performance
Shares of SILXY opened at $29.33 on Friday. The company has a 50-day moving average price of $28.35 and a two-hundred day moving average price of $20.00. Silex Systems has a 12 month low of $8.25 and a 12 month high of $35.50.
Silex Systems Company Profile
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.
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