SGL Carbon SE (OTCMKTS:SGLFF – Get Free Report) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 6,680 shares, a growth of 195.7% from the May 31st total of 2,259 shares. Based on an average trading volume of 1 shares, the days-to-cover ratio is presently 6,680.0 days.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group reissued a “hold” rating on shares of SGL Carbon in a report on Wednesday, May 6th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.
Read Our Latest Stock Analysis on SGLFF
SGL Carbon Price Performance
About SGL Carbon
SGL Carbon SE is a German high‐technology company specializing in carbon‐based solutions, including graphite and composite materials. Headquartered in Wiesbaden, Germany, the firm was established in 1992 but draws on more than 150 years of carbon materials expertise. Its operations are organized into two principal segments: Graphite Solutions, which produces graphite electrodes, carbon blocks and other graphitic products for industries such as steel, aluminum and chemicals; and Composite Solutions, which focuses on fiber‐reinforced composites, carbon fibers and specialty materials for high‐performance applications.
The company’s product portfolio serves a broad range of end markets, including automotive, aerospace, renewable energy and electronics.
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