Silex Systems Limited (OTCMKTS:SILXY – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 4,699 shares, a growth of 86.2% from the August 31st total of 2,524 shares. Based on an average daily volume of 10,296 shares, the short-interest ratio is currently 0.5 days.
Silex Systems Price Performance
Shares of SILXY remained flat at $15.14 on Tuesday. 3,496 shares of the company were exchanged, compared to its average volume of 9,682. The stock’s 50 day simple moving average is $17.44 and its 200 day simple moving average is $18.98. Silex Systems has a twelve month low of $14.66 and a twelve month high of $35.50.
About Silex Systems
Silex Systems Limited is an Australian technology company focused on commercializing advanced laser-based isotope separation technology. Its principal technology, known as SILEX, is designed to enrich uranium by using lasers to selectively separate isotopes. The company’s work is aimed at supporting a potentially more flexible and energy-efficient approach to uranium enrichment and nuclear fuel production.
Silex has licensed the SILEX technology for development and commercialization through Global Laser Enrichment, a venture involving Silex and Cameco.
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