Soitec SA (OTCMKTS:SLOIF) Short Interest Update

Soitec SA (OTCMKTS:SLOIF) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 57,500 shares, an increase of 24.2% from the February 28th total of 46,300 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 200 shares, the short-interest ratio is currently 287.5 days.

Soitec Price Performance

SLOIF opened at $56.47 on Wednesday. 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 has a 50 day moving average price of $66.48 and a 200 day moving average price of $81.34. Soitec has a twelve month low of $56.47 and a twelve month high of $131.90.

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).