Soitec SA (OTCMKTS:SLOIF – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 12,100 shares, a growth of 39.1% from the May 15th total of 8,700 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Soitec Stock Performance
SLOIF stock remained flat at $103.60 during trading hours on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.89 and a current ratio of 3.64. The company’s fifty day moving average is $101.26 and its 200-day moving average is $138.24. Soitec has a 1-year low of $96.95 and a 1-year high of $180.20.
Analyst Ratings Changes
Separately, New Street Research upgraded Soitec to a “strong-buy” rating in a research report on Friday, May 24th.
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 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.
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