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

Melexis NV (OTCMKTS:MLXSF) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 451,642 shares, an increase of 277.0% from the December 31st total of 119,804 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Melexis Stock Performance

Shares of OTCMKTS:MLXSF opened at $65.62 on Friday. Melexis has a 52-week low of $56.23 and a 52-week high of $88.28. The business has a fifty day moving average of $64.84 and a two-hundred day moving average of $73.74.

About Melexis

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.