Silex Systems Limited (OTCMKTS:SILXY) Short Interest Down 85.9% in June

Silex Systems Limited (OTCMKTS:SILXY) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 574 shares, a drop of 85.9% from the May 31st total of 4,064 shares. Based on an average daily volume of 21,597 shares, the days-to-cover ratio is currently 0.0 days.

Silex Systems Trading Down 0.7%

SILXY traded down $0.13 during midday trading on Friday, reaching $18.47. 117 shares of the company’s stock traded hands, compared to its average volume of 10,881. The firm has a fifty day moving average of $20.90 and a two-hundred day moving average of $22.48. Silex Systems has a 52 week low of $11.21 and a 52 week high of $35.50.

About Silex Systems

Silex Systems (OTCMKTS:SILXY) is an Australian‐based technology company specializing in the development and commercialization of laser‐based separation processes and precision laser systems. Founded in 1990 and headquartered in Sydney, the company leverages proprietary photonic and laser expertise to address niche applications in the nuclear fuel cycle, microfabrication and advanced manufacturing sectors. Its core focus lies in the SILEX laser isotope separation technology, which offers higher efficiency and lower energy consumption compared with conventional centrifuge or diffusion methods for uranium enrichment.

The SILEX process was developed through a series of research collaborations and scale‐up demonstrations, culminating in a commercial agreement with Global Laser Enrichment (GLE), a joint venture formed to pursue deployment in the United States.