Short Interest in Siltronic AG (OTCMKTS:SSLLF) Declines By 19.8%

Siltronic AG (OTCMKTS:SSLLF) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 31,600 shares, a decline of 19.8% from the October 31st total of 39,400 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 316.0 days.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded shares of Siltronic to a “strong-buy” rating in a research report on Thursday, October 10th.

Siltronic Stock Performance

Shares of SSLLF opened at $54.28 on Monday. The company has a 50-day simple moving average of $64.49 and a two-hundred day simple moving average of $72.88. Siltronic has a one year low of $54.28 and a one year high of $98.49.

Siltronic (OTCMKTS:SSLLF) last issued its quarterly earnings results on Thursday, October 24th. The company reported $0.66 earnings per share for the quarter. The company had revenue of $392.68 million for the quarter.

Siltronic Company Profile

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.