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

Melexis NV (OTCMKTS:MLXSF) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totalling 15,100 shares, a decline of 39.1% from the June 30th total of 24,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 151.0 days.

Melexis Price Performance

Melexis stock remained flat at $110.65 during midday trading on Friday. The company’s 50 day moving average price is $110.65 and its 200-day moving average price is $110.65. Melexis has a 12-month low of $100.86 and a 12-month 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.