Soitec SA (OTCMKTS:SLOIF) Short Interest Up 24.2% in March

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

Soitec Price Performance

SLOIF stock opened at $56.47 on Thursday. The company has a quick ratio of 3.15, a current ratio of 3.88 and a debt-to-equity ratio of 0.45. The business has a 50 day moving average of $65.81 and a 200-day moving average of $81.17. Soitec has a 12-month low of $56.47 and a 12-month 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).