Silex Systems Limited (OTCMKTS:SILXY) Sees Significant Increase in Short Interest

Silex Systems Limited (OTCMKTS:SILXY – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 4,699 shares, a growth of 86.2% from the August 31st total of 2,524 shares. Based on an average daily trading volume, of 10,296 shares, the short-interest ratio is presently 0.5 days.

Silex Systems Trading Down 2.4%

Shares of OTCMKTS SILXY opened at $14.75 on Thursday. The company has a 50-day moving average price of $17.37 and a 200-day moving average price of $18.89. Silex Systems has a 1 year low of $14.66 and a 1 year high of $35.50.

About Silex Systems

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Silex Systems Limited is an Australian technology company focused on commercializing advanced laser-based isotope separation technology. Its principal technology, known as SILEX, is designed to enrich uranium by using lasers to selectively separate isotopes. The company’s work is aimed at supporting a potentially more flexible and energy-efficient approach to uranium enrichment and nuclear fuel production.

Silex has licensed the SILEX technology for development and commercialization through Global Laser Enrichment, a venture involving Silex and Cameco.

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