Soitec SA (OTCMKTS:SLOIF - Get Free Report) saw a significant increase in short interest during the month of 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. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 287.5 days.
Soitec Price Performance
Shares of Soitec stock remained flat at $56.47 during trading on Friday. Soitec has a 1 year low of $56.47 and a 1 year high of $131.90. 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's 50-day moving average is $64.47 and its two-hundred day moving average is $80.36.
Soitec Company Profile
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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).
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