Short Interest in Soitec SA (OTCMKTS:SLOIF) Increases By 24.2%

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

Soitec Stock Performance

Soitec stock remained flat at $56.47 during trading hours 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. Soitec has a 1 year low of $56.47 and a 1 year high of $131.90. The firm’s fifty day moving average price is $67.11 and its 200-day moving average price is $81.75.

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).