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

Soitec SA (OTCMKTS:SLOIF) was the recipient of a large drop in short interest in 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 daily volume of 900 shares, the days-to-cover ratio is currently 12.6 days.

Soitec Stock Performance

OTCMKTS SLOIF remained flat at $91.25 on Friday. The company has a current ratio of 3.28, a quick ratio of 2.81 and a debt-to-equity ratio of 0.45. Soitec has a 12-month low of $67.18 and a 12-month high of $180.20. The firm’s fifty day simple moving average is $82.90 and its 200 day simple moving average is $104.60.

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).