Short Interest in Silex Systems Limited (OTCMKTS:SILXY) Increases By 376.2%

Silex Systems Limited (OTCMKTS:SILXY) was the recipient of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 3,776 shares, a growth 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 Stock Up 2.6%

SILXY stock opened at $25.25 on Thursday. Silex Systems has a fifty-two week low of $8.25 and a fifty-two week high of $35.50. The business has a 50-day moving average of $25.07 and a 200-day moving average of $23.33.

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.