X-FAB Silicon Foundries SE (OTCMKTS:XFABF) Sees Large Increase in Short Interest

X-FAB Silicon Foundries SE (OTCMKTS:XFABF – Get Free Report) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 26,678 shares, a growth of 563.3% from the July 30th total of 4,022 shares. Based on an average daily trading volume, of 10,627 shares, the days-to-cover ratio is presently 2.5 days.

Analyst Ratings Changes

Several equities research analysts recently issued reports on XFABF shares. Sanford C. Bernstein raised X-FAB Silicon Foundries from a “market perform” rating to an “outperform” rating in a research note on Tuesday, June 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of X-FAB Silicon Foundries in a research note on Friday, July 10th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, X-FAB Silicon Foundries presently has an average rating of “Moderate Buy”.

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X-FAB Silicon Foundries Price Performance

Shares of OTCMKTS:XFABF opened at $6.80 on Wednesday. The firm has a fifty day moving average of $8.25 and a two-hundred day moving average of $7.63. X-FAB Silicon Foundries has a 12-month low of $5.16 and a 12-month high of $17.05.

X-FAB Silicon Foundries Company Profile

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-FAB Silicon Foundries SE operates as an analog/mixed-signal semiconductor technology foundry. The company manufactures silicon wafers for automotive, industrial, consumer, medical, and mobile communications, and other applications; and analog/mixed-signal integrated circuits, sensors, and micro-electro-mechanical systems. It provides manufacturing and design support services for customers that design analog/mixed-signal integrated circuits and other semiconductor devices, as well as engineering and prototyping, outsourcing, technical, and design support services.

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