Short Interest in X-FAB Silicon Foundries SE (OTCMKTS:XFABF) Expands By 2,293.4%

X-FAB Silicon Foundries SE (OTCMKTS:XFABF) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 28,242 shares, a growth of 2,293.4% from the May 14th total of 1,180 shares. Based on an average daily trading volume, of 30,479 shares, the short-interest ratio is presently 0.9 days.

X-FAB Silicon Foundries Stock Performance

Shares of XFABF traded down $2.45 on Wednesday, hitting $10.50. 2,162 shares of the stock traded hands, compared to its average volume of 7,324. The stock’s 50 day moving average is $8.29 and its two-hundred day moving average is $6.67. X-FAB Silicon Foundries has a 1 year low of $5.16 and a 1 year high of $17.05.

X-FAB Silicon Foundries Company Profile

-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.