Soitec SA (OTCMKTS:SLOIY) Short Interest Down 80.0% in April

Soitec SA (OTCMKTS:SLOIY) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 100 shares, a drop of 80.0% from the March 31st total of 500 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 1.0 days.

Soitec Price Performance

SLOIY remained flat at $51.68 on Friday. Soitec has a 52-week low of $51.68 and a 52-week high of $91.50. The stock’s fifty day moving average price is $63.34 and its 200 day moving average price is $75.63.

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 offers Fully Depleted Silicon-On-Insulator (FD-SOI) for automotive radar and processors, and PD-SOI and FinFET-SOI products for high-performance computing markets.