Silex Systems Limited (OTCMKTS:SILXY) Short Interest Up 376.2% in February

Silex Systems Limited (OTCMKTS:SILXY) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 3,776 shares, an increase of 376.2% from the January 29th total of 793 shares. Based on an average daily volume of 34,763 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 34,763 shares, the days-to-cover ratio is currently 0.1 days.

Silex Systems Trading Down 2.3%

Shares of SILXY stock opened at $24.52 on Friday. The business’s 50 day moving average is $25.05 and its two-hundred day moving average is $23.41. Silex Systems has a twelve month low of $8.25 and a twelve month high of $35.50.

Silex Systems Company Profile

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.