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

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

SemiLEDS Stock Performance

NASDAQ LEDS traded down $0.15 on Monday, reaching $1.99. The stock had a trading volume of 19,761 shares, compared to its average volume of 18,189. The stock has a market cap of $16.38 million, a P/E ratio of -13.27 and a beta of 1.05. SemiLEDS has a 12-month low of $1.27 and a 12-month high of $3.37. The business’s 50-day moving average price is $2.04 and its 200 day moving average price is $2.13. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.57 and a current ratio of 0.99.

Analyst Ratings Changes

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

SemiLEDS Company Profile

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.