Short Interest in SemiLEDS Corporation (NASDAQ:LEDS) Rises By 77.6%

SemiLEDS Corporation (NASDAQ:LEDS) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 21,308 shares, an increase of 77.6% from the November 30th total of 11,997 shares. Based on an average daily volume of 27,616 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.6% of the company’s shares are short sold. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 27,616 shares, the days-to-cover ratio is presently 0.8 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of SemiLEDS in a report on Monday, December 15th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

SemiLEDS Price Performance

LEDS opened at $1.70 on Friday. The firm has a market capitalization of $13.99 million, a PE ratio of -11.33 and a beta of 1.04. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.99 and a quick ratio of 0.57. The business’s 50-day moving average is $2.26 and its two-hundred day moving average is $2.20. SemiLEDS has a 1 year low of $1.22 and a 1 year high of $3.37.

SemiLEDS Company Profile

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.