Soitec SA (OTCMKTS:SLOIF) Short Interest Up 54.5% in September

Soitec SA (OTCMKTS:SLOIF) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 18,700 shares, a growth of 54.5% from the August 31st total of 12,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 187.0 days.

Soitec Stock Performance

Shares of SLOIF stock opened at $114.50 on Friday. The company has a quick ratio of 2.81, a current ratio of 3.28 and a debt-to-equity ratio of 0.45. Soitec has a fifty-two week low of $96.95 and a fifty-two week high of $180.20. The stock’s fifty day moving average price is $124.60 and its two-hundred day moving average price is $114.59.

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 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).