Melexis NV (OTCMKTS:MLXSF) Sees Significant Drop in Short Interest

Melexis NV (OTCMKTS:MLXSF) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 99,846 shares, a drop of 71.1% from the November 30th total of 345,183 shares. Based on an average daily trading volume, of 5,084 shares, the short-interest ratio is presently 19.6 days. Based on an average daily trading volume, of 5,084 shares, the short-interest ratio is presently 19.6 days.

Melexis Stock Performance

MLXSF opened at $65.62 on Thursday. Melexis has a one year low of $56.23 and a one year high of $88.28. The business’s 50 day moving average price is $68.64 and its 200 day moving average price is $73.84.

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.