Soitec SA (OTCMKTS:SLOIF) Sees Significant Growth in Short Interest

Soitec SA (OTCMKTS:SLOIF - Get Free Report) was the target of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 44,800 shares, a growth of 58.9% from the January 31st total of 28,200 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is presently 89.6 days.

Soitec Stock Performance

Shares of SLOIF stock remained flat at $61.00 during midday trading on Wednesday. Soitec has a 52 week low of $58.43 and a 52 week high of $143.56. The company's fifty day moving average price is $78.10 and its 200-day moving average price is $89.98. The company has a current ratio of 3.88, a quick ratio of 3.15 and a debt-to-equity ratio of 0.45.

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).