Short Interest in Soitec SA (OTCMKTS:SLOIF) Expands By 58.9%

Soitec SA (OTCMKTS:SLOIF) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 44,800 shares, an increase of 58.9% from the January 31st total of 28,200 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is currently 89.6 days.

Soitec Stock Performance

OTCMKTS SLOIF opened at $61.00 on Monday. Soitec has a 1-year low of $58.43 and a 1-year high of $143.56. The stock has a 50-day moving average of $79.27 and a 200-day moving average of $90.98. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.88 and a quick ratio of 3.15.

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).