Short Interest in Melexis NV (OTCMKTS:MLXSF) Declines By 17.3%

Melexis NV (OTCMKTS:MLXSF) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 18,600 shares, a decline of 17.3% from the October 15th total of 22,500 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Melexis Stock Performance

Shares of OTCMKTS:MLXSF remained flat at $74.25 during trading on Friday. The firm’s 50 day moving average price is $94.63 and its two-hundred day moving average price is $105.09. Melexis has a 52-week low of $74.25 and a 52-week high of $74.25.

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.