SemiLEDs Co. (NASDAQ:LEDS – Get Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 15,000 shares, an increase of 5.6% from the September 15th total of 14,200 shares. Based on an average daily volume of 16,600 shares, the short-interest ratio is presently 0.9 days. Currently, 0.5% of the company’s stock are short sold.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on SemiLEDs in a report on Thursday, October 10th. They issued a “sell” rating on the stock.
Read Our Latest Stock Report on LEDS
SemiLEDs Stock Performance
SemiLEDs Company Profile
SemiLEDs Corporation develops, manufactures, and sells light emitting diode (LED) chips, LED components, and LED modules and systems in the United States, Taiwan, the Netherlands, Germany, Japan, and internationally. The company also sells enhanced vertical, LED product series in blue, white, green, and UV; LED chips to packagers or distributors; and lighting products primarily to original design manufacturers of lighting products and the end-users of lighting devices, as well as packs and sells its LED chips.
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