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

Soitec SA (OTCMKTS:SLOIF) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 71,400 shares, a growth of 24.2% from the March 15th total of 57,500 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 600 shares, the short-interest ratio is presently 119.0 days.

Soitec Stock Performance

Shares of Soitec stock remained flat at $48.35 during trading on Friday. Soitec has a 12-month low of $48.35 and a 12-month high of $131.90. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.88 and a quick ratio of 3.15. The company’s 50-day simple moving average is $58.42 and its two-hundred day simple moving average is $75.65.

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).