Siltronic AG (OTCMKTS:SSLLF) Short Interest Up 20.1% in March

Siltronic AG (OTCMKTS:SSLLF) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 68,200 shares, an increase of 20.1% from the February 28th total of 56,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 682.0 days.

Siltronic Price Performance

Siltronic stock opened at $46.70 on Thursday. The company has a fifty day simple moving average of $46.14 and a 200-day simple moving average of $54.51. Siltronic has a 52-week low of $40.00 and a 52-week high of $94.24.

Siltronic (OTCMKTS:SSLLF) last released its quarterly earnings data on Thursday, March 6th. The company reported ($0.09) EPS for the quarter. The business had revenue of $384.69 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, DZ Bank cut Siltronic from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 25th.

Siltronic Company Profile

Siltronic AG, together with its subsidiaries, provides hyperpure semiconductor silicon wafers in Germany, rest of Europe, the United States, Taiwan and Mainland China, Korea, and Rest of Asia. It offers polished and epitaxial wafers. The company provides special products, such as Ultimate Silicon, an optimal crystal for polished wafers; Float zone/FZ, a wafer product based on the float zone method; and HIREF that offers low microroughness, and low-defect surface structure.