Short Interest in Soitec SA (OTCMKTS:SLOIY) Drops By 80.0%

Soitec SA (OTCMKTS:SLOIY) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 100 shares, a drop of 80.0% from the March 31st total of 500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 1.0 days.

Soitec Stock Performance

OTCMKTS SLOIY remained flat at $51.68 on Friday. The business has a fifty day moving average price of $63.34 and a 200-day moving average price of $75.63. Soitec has a one year low of $51.68 and a one year high of $91.50.

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 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.