Soitec SA (OTCMKTS:SLOIF) Short Interest Update

Soitec SA (OTCMKTS:SLOIF) was the target of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 44,800 shares, a growth of 58.9% from the January 31st total of 28,200 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 89.6 days.

Soitec Stock Performance

SLOIF remained flat at $61.00 on Tuesday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.15 and a current ratio of 3.88. The business’s 50 day moving average is $78.69 and its 200 day moving average is $90.48. Soitec has a 12-month low of $58.43 and a 12-month high of $143.56.

About Soitec

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).