Soitec SA (OTCMKTS:SLOIY) Short Interest Update

Soitec SA (OTCMKTS:SLOIY) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 356 shares, a decrease of 98.0% from the April 15th total of 17,385 shares. Based on an average daily trading volume, of 21,043 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

SLOIY has been the topic of several research analyst reports. Citigroup restated a “sell” rating on shares of Soitec in a research report on Monday, February 9th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Soitec in a research note on Friday, February 6th. Finally, Oddo Bhf cut Soitec to a “neutral” rating in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Soitec has a consensus rating of “Hold”.

Soitec Stock Down 4.5%

Shares of SLOIY opened at $96.72 on Tuesday. Soitec has a 1 year low of $13.13 and a 1 year high of $102.62. The business’s 50 day simple moving average is $42.94 and its 200-day simple moving average is $25.92.

About Soitec

Soitec is a France-based technology company specializing in the design and manufacture of advanced semiconductor materials. The company pioneered Smart Cut™ technology, which enables the production of Silicon-On-Insulator (SOI) wafers and other engineered substrates with superior electrical and thermal properties. Founded in 1992 as a spin-off from the French Atomic Energy Commission (CEA), Soitec has grown into a leading supplier of high-performance materials for the global electronics industry.

Soitec’s product portfolio includes RF-SOI substrates for 5G and mobile communications, Power-SOI for energy-efficient power management, and FD-SOI for ultra-low-power applications in IoT and automotive markets.