Short Interest in Soitec SA (OTCMKTS:SLOIF) Grows By 144.2%

Soitec SA (OTCMKTS:SLOIF) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 27,600 shares, a growth of 144.2% from the November 30th total of 11,300 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 276.0 days.

Soitec Price Performance

Shares of OTCMKTS:SLOIF remained flat at $90.41 during midday trading on Friday. Soitec has a 1 year low of $67.18 and a 1 year high of $180.20. The company has a current ratio of 3.28, a quick ratio of 2.81 and a debt-to-equity ratio of 0.45. The stock has a 50 day simple moving average of $82.98 and a 200 day simple moving average of $103.69.

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).