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

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

Soitec Stock Performance

Shares of SLOIF opened at $56.47 on Thursday. Soitec has a fifty-two week low of $56.47 and a fifty-two week high of $131.90. The business has a 50-day moving average of $65.81 and a 200 day moving average of $81.17. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.88 and a quick ratio of 3.15.

About Soitec

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).