Short Interest in Semilux International Ltd. (NASDAQ:SELX) Declines By 17.8%

Semilux International Ltd. (NASDAQ:SELX) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totaling 75,666 shares, a decline of 17.8% from the March 15th total of 92,090 shares. Based on an average daily volume of 26,377 shares, the short-interest ratio is presently 2.9 days. Approximately 0.3% of the shares of the company are sold short.

Semilux International Stock Performance

SELX stock traded down $0.00 during trading on Thursday, hitting $0.37. The company had a trading volume of 293,255 shares, compared to its average volume of 1,613,545. Semilux International has a 1-year low of $0.23 and a 1-year high of $1.85. The firm has a 50-day moving average price of $0.50 and a 200-day moving average price of $0.68.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Semilux International in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Semilux International Company Profile

Semilux International Ltd., an optical technology company, designs and produces optics and fluorescent modules. It offers laser lights modules and related optical components use in commercial projectors, car lights, and optical sensors; laser lights module consists of laser diodes and fluorescent chips; color filters use in optical/laser modules; color filter wheels; fluorescent chip and wheel; and wafer level optics. The company was founded in 2009 and is headquartered in Taichung, Taiwan.