Semilux International Ltd. (NASDAQ:SELX) Sees Large Increase in Short Interest

Semilux International Ltd. (NASDAQ:SELX) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 15,500 shares, a growth of 50.5% from the September 30th total of 10,300 shares. Based on an average daily volume of 13,200 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 13,200 shares, the days-to-cover ratio is currently 1.2 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Semilux International in a report on Saturday, September 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Semilux International currently has an average rating of “Sell”.

Semilux International Trading Down 1.3%

NASDAQ SELX opened at $0.77 on Tuesday. Semilux International has a 12-month low of $0.55 and a 12-month high of $1.85. The firm’s 50 day moving average is $0.97 and its 200-day moving average is $1.18.

About Semilux International

Semilux International Ltd., an optical technology company, designs and produces optics and fluorescent modules. It offers laser lights modules and related optical components use in commercial projectors, car lights, and optical sensors; laser lights module consists of laser diodes and fluorescent chips; color filters use in optical/laser modules; color filter wheels; fluorescent chip and wheel; and wafer level optics.