SemiLEDS Corporation (NASDAQ:LEDS) Short Interest Update

SemiLEDS Corporation (NASDAQ:LEDS) was the recipient of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 6,355 shares, a growth of 283.3% from the January 29th total of 1,658 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 8,029 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 8,029 shares, the short-interest ratio is presently 0.8 days. Currently, 0.2% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SemiLEDS in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, SemiLEDS currently has an average rating of “Sell”.

SemiLEDS Stock Performance

Shares of NASDAQ LEDS traded down $0.01 during mid-day trading on Thursday, reaching $1.55. 1,601 shares of the company were exchanged, compared to its average volume of 10,884. The stock has a market capitalization of $12.76 million, a P/E ratio of -9.69 and a beta of 1.06. The company has a quick ratio of 0.58, a current ratio of 0.94 and a debt-to-equity ratio of 0.15. The company’s 50-day simple moving average is $1.74 and its 200-day simple moving average is $2.02. SemiLEDS has a twelve month low of $1.41 and a twelve month high of $3.37.

SemiLEDS (NASDAQ:LEDS) last released its quarterly earnings results on Wednesday, January 14th. The semiconductor company reported ($0.09) earnings per share for the quarter. SemiLEDS had a negative net margin of 2.99% and a negative return on equity of 42.61%. The company had revenue of $2.57 million during the quarter.

SemiLEDS Company Profile

SemiLEDS Corp. is a developer and manufacturer of high-performance light‐emitting diode (LED) solutions serving a range of commercial, industrial and specialty markets. The company designs, packages and sells both white and ultraviolet LED products that are used in applications such as general illumination, horticultural lighting, architectural accent lighting and specialty curing or sterilization processes. SemiLEDS’ product portfolio encompasses single‐die high‐power LEDs, multi‐chip arrays and custom modules tailored to specific customer requirements.

Leveraging in‐house research and development capabilities, SemiLEDS focuses on delivering advanced thermal management, high luminous efficacy and long operational lifetimes in its LED offerings.