Melexis NV (OTCMKTS:MLXSF – Get Free Report) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 221,855 shares, a decline of 45.3% from the April 15th total of 405,475 shares. Based on an average daily volume of 255 shares, the days-to-cover ratio is currently 870.0 days.
Melexis Price Performance
Shares of OTCMKTS:MLXSF remained flat at $76.00 during trading on Friday. The firm has a 50-day moving average price of $69.15 and a 200-day moving average price of $67.35. Melexis has a 52 week low of $56.23 and a 52 week high of $88.28.
Melexis Company Profile
Melexis NV is a Belgian fabless semiconductor company specializing in the design, development and sale of micro-electronic components for sensing, driving and communication applications. The company’s product portfolio centers on integrated circuits and system solutions tailored primarily to the automotive market, covering magnetic, pressure and temperature sensing, as well as motor and display driver ICs. Melexis sensors enable precise measurement and control functions in vehicles, from engine management and transmission to advanced safety and driver?assistance systems.
In addition to core sensor products, Melexis offers mixed?signal ASICs, microcontrollers and high?voltage powertrain modules that support electrification and automated driving technologies.
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