Short Interest in Melexis NV (OTCMKTS:MLXSF) Expands By 277.0%

Melexis NV (OTCMKTS:MLXSFGet Free Report) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 451,642 shares, an increase of 277.0% from the December 31st total of 119,804 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Melexis Price Performance

Melexis stock remained flat at $65.62 during trading on Wednesday. The stock has a 50 day moving average of $64.66 and a 200 day moving average of $73.86. Melexis has a 1-year low of $56.23 and a 1-year high of $88.28.

Melexis Company Profile

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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.

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