Melexis NV (OTCMKTS:MLXSF) Short Interest Down 17.2% in March

Melexis NV (OTCMKTS:MLXSF) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totaling 599,751 shares, a drop of 17.2% from the March 15th total of 723,931 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ? days.

Melexis Stock Performance

Shares of OTCMKTS:MLXSF opened at $65.62 on Thursday. The company has a fifty day simple moving average of $65.62 and a 200 day simple moving average of $67.76. Melexis has a 12-month low of $56.23 and a 12-month high of $88.28.

About Melexis

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.