Siltronic AG (OTCMKTS:SSLLF) Sees Significant Increase in Short Interest

Siltronic AG (OTCMKTS:SSLLF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 68,200 shares, a growth of 20.1% from the February 28th total of 56,800 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 682.0 days.

Siltronic Price Performance

Shares of SSLLF opened at $46.70 on Wednesday. The firm’s fifty day simple moving average is $46.07 and its two-hundred day simple moving average is $54.56. Siltronic has a 12 month low of $40.00 and a 12 month high of $94.24.

Siltronic (OTCMKTS:SSLLF) last issued its earnings results on Thursday, March 6th. The company reported ($0.09) EPS for the quarter. The firm had revenue of $384.69 million during the quarter.

Analyst Ratings Changes

Separately, DZ Bank cut Siltronic from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 25th.

About Siltronic

Siltronic AG, together with its subsidiaries, provides hyperpure semiconductor silicon wafers in Germany, rest of Europe, the United States, Taiwan and Mainland China, Korea, and Rest of Asia. It offers polished and epitaxial wafers. The company provides special products, such as Ultimate Silicon, an optimal crystal for polished wafers; Float zone/FZ, a wafer product based on the float zone method; and HIREF that offers low microroughness, and low-defect surface structure.