SemiLEDS Corporation (NASDAQ:LEDS) Short Interest Up 34.8% in January

SemiLEDS Corporation (NASDAQ:LEDS) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 1,884 shares, an increase of 34.8% from the December 31st total of 1,398 shares. Based on an average daily trading volume, of 18,858 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 18,858 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SemiLEDS in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

SemiLEDS Stock Down 5.7%

LEDS stock traded down $0.10 during trading on Friday, hitting $1.65. 11,225 shares of the stock traded hands, compared to its average volume of 12,919. The stock has a market cap of $13.58 million, a price-to-earnings ratio of -10.31 and a beta of 1.05. The firm’s 50 day moving average is $1.87 and its two-hundred day moving average is $2.06. SemiLEDS has a 1 year low of $1.41 and a 1 year high of $3.37. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.94 and a quick ratio of 0.58.

SemiLEDS (NASDAQ:LEDS) last released its quarterly earnings results on Wednesday, January 14th. The semiconductor company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $2.57 million for the quarter. SemiLEDS had a negative net margin of 2.99% and a negative return on equity of 42.61%.

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.