Semilux International Ltd. (NASDAQ:SELX) Short Interest Up 257.5% in April

Semilux International Ltd. (NASDAQ:SELX) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 270,488 shares, an increase of 257.5% from the March 31st total of 75,666 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average daily trading volume, of 11,136,896 shares, the short-interest ratio is currently 0.0 days.

Semilux International Stock Performance

Shares of NASDAQ SELX opened at $0.42 on Monday. The stock has a 50 day simple moving average of $0.47 and a 200-day simple moving average of $0.65. Semilux International has a 12-month low of $0.23 and a 12-month high of $1.85.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Semilux International in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

About Semilux International

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.