Short Interest in Soitec SA (OTCMKTS:SLOIF) Decreases By 20.4%

Soitec SA (OTCMKTS:SLOIF) was the recipient of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 11,300 shares, a drop of 20.4% from the November 15th total of 14,200 shares. Based on an average trading volume of 900 shares, the short-interest ratio is presently 12.6 days.

Soitec Price Performance

Shares of OTCMKTS SLOIF remained flat at $91.25 during mid-day trading on Friday. Soitec has a fifty-two week low of $67.18 and a fifty-two week high of $180.20. The business’s 50 day moving average is $83.03 and its 200 day moving average is $104.68. 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).