Short Interest in Semilux International Ltd. (NASDAQ:SELX) Declines By 22.9%

Semilux International Ltd. (NASDAQ:SELX) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 17,437 shares, a drop of 22.9% from the December 15th total of 22,610 shares. Based on an average daily trading volume, of 234,545 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 234,545 shares, the days-to-cover ratio is presently 0.1 days.

Semilux International Stock Performance

Semilux International stock traded down $0.02 during trading hours on Monday, hitting $0.90. The stock had a trading volume of 37,434 shares, compared to its average volume of 197,379. The business’s 50 day simple moving average is $0.72 and its 200-day simple moving average is $0.91. Semilux International has a one year low of $0.52 and a one year high of $1.85. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.59 and a quick ratio of 1.47.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Semilux International in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Semilux International has a consensus rating of “Sell”.

Semilux International Company Profile

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.