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

Semilux International Ltd. (NASDAQ:SELX) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 154,685 shares, an increase of 787.1% from the December 31st total of 17,437 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 138,106 shares, the days-to-cover ratio is presently 1.1 days. Based on an average trading volume of 138,106 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.5% of the company’s shares are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Semilux International in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Semilux International Stock Performance

Shares of NASDAQ SELX traded down $0.01 during trading hours on Wednesday, reaching $0.76. The stock had a trading volume of 9,521 shares, compared to its average volume of 200,650. The firm has a 50-day moving average of $0.70 and a 200-day moving average of $0.89. Semilux International has a fifty-two week low of $0.52 and a fifty-two week high of $1.85. The company has a quick ratio of 1.47, a current ratio of 1.59 and a debt-to-equity ratio of 0.31.

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. The company was founded in 2009 and is headquartered in Taichung, Taiwan.