Soitec SA (OTCMKTS:SLOIF) Short Interest Update

Soitec SA (OTCMKTS:SLOIF - Get Free Report) saw a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 51,700 shares, a drop of 27.6% from the March 31st total of 71,400 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 258.5 days.

Soitec Price Performance

SLOIF stock remained flat at $48.35 during midday trading on Tuesday. The company has a current ratio of 3.88, a quick ratio of 3.15 and a debt-to-equity ratio of 0.45. The business has a fifty day moving average price of $55.81 and a two-hundred day moving average price of $72.23. Soitec has a 1-year low of $48.35 and a 1-year 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).