SemiLEDS Corporation (NASDAQ:LEDS) Short Interest Update

SemiLEDS Corporation (NASDAQ:LEDS) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 1,884 shares, an increase of 34.8% from the December 31st total of 1,398 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 18,858 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 18,858 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

SemiLEDS Stock Performance

Shares of LEDS traded down $0.10 during mid-day trading on Friday, hitting $1.65. 11,225 shares of the company’s stock were exchanged, compared to its average volume of 12,919. The stock’s 50-day simple moving average is $1.87 and its 200-day simple moving average is $2.06. The firm has a market cap of $13.58 million, a price-to-earnings ratio of -10.31 and a beta of 1.05. The company has a quick ratio of 0.58, a current ratio of 0.94 and a debt-to-equity ratio of 0.15. SemiLEDS has a 52 week low of $1.41 and a 52 week high of $3.37.

SemiLEDS (NASDAQ:LEDS) last issued its quarterly earnings data on Wednesday, January 14th. The semiconductor company reported ($0.09) EPS for the quarter. SemiLEDS had a negative net margin of 2.99% and a negative return on equity of 42.61%. The company had revenue of $2.57 million during the quarter.

Analyst Ratings Changes

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

About SemiLEDS

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.