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

Melexis NV (OTCMKTS:MLXSF) saw a large increase in short interest in July. As of July 31st, there was short interest totalling 18,100 shares, an increase of 19.9% from the July 15th total of 15,100 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Melexis Price Performance

Shares of Melexis stock remained flat at $110.65 during trading on Friday. The firm’s 50-day simple moving average is $110.65 and its 200-day simple moving average is $110.65. Melexis has a 52-week low of $100.86 and a 52-week high of $110.80.

Melexis Company Profile

Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, current, latch and switch, inductive position, speed, pressure, tire monitoring, temperature, and optical sensors ICs and time-of-flight; embedded motor, smart, fan and pump, smart LED, and pre-driver ICs; embedded lighting; and LIN transceiver, CAN transceiver, and RFID transceivers.