Melexis NV (OTCMKTS:MLXSF) Sees Large Decrease in Short Interest

Melexis NV (OTCMKTS:MLXSF) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 392,096 shares, a decrease of 13.2% from the January 15th total of 451,642 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Melexis Price Performance

Shares of OTCMKTS MLXSF opened at $65.62 on Tuesday. The business has a fifty day moving average price of $66.25 and a two-hundred day moving average price of $71.62. Melexis has a fifty-two week low of $56.23 and a fifty-two week high of $88.28.

About Melexis

Melexis NV is a Belgian fabless semiconductor company specializing in the design, development and sale of micro-electronic components for sensing, driving and communication applications. The company’s product portfolio centers on integrated circuits and system solutions tailored primarily to the automotive market, covering magnetic, pressure and temperature sensing, as well as motor and display driver ICs. Melexis sensors enable precise measurement and control functions in vehicles, from engine management and transmission to advanced safety and driver‐assistance systems.

In addition to core sensor products, Melexis offers mixed‐signal ASICs, microcontrollers and high‐voltage powertrain modules that support electrification and automated driving technologies.