Soitec SA (OTCMKTS:SLOIF) Sees Significant Increase in Short Interest

Soitec SA (OTCMKTS:SLOIF) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totalling 18,700 shares, an increase of 54.5% from the August 31st total of 12,100 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 187.0 days.

Soitec Stock Performance

Shares of OTCMKTS SLOIF remained flat at $114.50 during mid-day trading on Friday. The company has a quick ratio of 2.81, a current ratio of 3.28 and a debt-to-equity ratio of 0.45. The company has a 50-day moving average of $124.35 and a 200 day moving average of $114.39. Soitec has a fifty-two week low of $96.95 and a fifty-two week high of $180.20.

Soitec Company Profile

Soitec SA designs and manufactures semiconductor materials worldwide. Its products are used to manufacture chips that are used in smart phones, tablets, computers, IT servers, and data centers, as well as electronic components in cars, connected devices, and industrial and medical equipment. It provides CONNECT Radio Frequency Silicon-on-Insulator (RF-SOI) for smartphone front-end modules; CONNECT Piezoelectric-on-Insulator RF filters for smartphone; and CONNECT RF gallium nitride for 5g infrastructure base stations and smartphones, as well as CONNECT Fully Depleted Silicon-On-Insulator (FD-SOI).