Melexis NV (OTCMKTS:MLXSF) Sees Large Drop in Short Interest

Melexis NV (OTCMKTS:MLXSF) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 392,096 shares, a drop of 13.2% from the January 15th total of 451,642 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Melexis Stock Performance

Shares of OTCMKTS MLXSF opened at $65.62 on Thursday. The firm’s 50-day simple moving average is $66.07 and its 200 day simple moving average is $71.42. Melexis has a fifty-two week low of $56.23 and a fifty-two week high of $88.28.

Melexis Company Profile

Melexis NV is a Belgian fabless semiconductor company specializing in the design, development and sale of micro-electronic components for sensing, driving and communication applications. The company’s product portfolio centers on integrated circuits and system solutions tailored primarily to the automotive market, covering magnetic, pressure and temperature sensing, as well as motor and display driver ICs. Melexis sensors enable precise measurement and control functions in vehicles, from engine management and transmission to advanced safety and driver‐assistance systems.

In addition to core sensor products, Melexis offers mixed‐signal ASICs, microcontrollers and high‐voltage powertrain modules that support electrification and automated driving technologies.