Soitec SA (OTCMKTS:SLOIF) Short Interest Update

Soitec SA (OTCMKTS:SLOIF) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 15,500 shares, a decline of 26.2% from the September 30th total of 21,000 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 155.0 days.

Soitec Price Performance

SLOIF traded down $1.36 during trading on Friday, hitting $86.07. The company’s stock had a trading volume of 20 shares, compared to its average volume of 152. Soitec has a twelve month low of $84.15 and a twelve month high of $180.20. The firm’s 50 day moving average price is $108.61 and its 200-day moving average price is $109.59. The company has a current ratio of 3.28, a quick ratio of 2.81 and a debt-to-equity ratio of 0.45.

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).