Silex Systems Limited (OTCMKTS:SILXY – Get Free Report) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 14,765 shares, an increase of 245.5% from the December 31st total of 4,273 shares. Based on an average daily volume of 43,897 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 43,897 shares, the short-interest ratio is currently 0.3 days.
Silex Systems Stock Down 5.4%
Shares of SILXY stock opened at $26.35 on Friday. Silex Systems has a fifty-two week low of $8.25 and a fifty-two week high of $35.50. The stock’s fifty day moving average price is $26.16 and its two-hundred day moving average price is $21.95.
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.
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