X-FAB Silicon Foundries SE (OTCMKTS:XFABF) Short Interest Update

X-FAB Silicon Foundries SE (OTCMKTS:XFABF) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 5,520 shares, a decrease of 92.3% from the June 15th total of 71,582 shares. Based on an average trading volume of 9,183 shares, the short-interest ratio is presently 0.6 days.

Analysts Set New Price Targets

XFABF has been the topic of several recent research reports. Sanford C. Bernstein raised X-FAB Silicon Foundries from a “market perform” rating to an “outperform” rating in a report on Tuesday, June 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of X-FAB Silicon Foundries in a report on Friday. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, X-FAB Silicon Foundries currently has a consensus rating of “Moderate Buy”.

X-FAB Silicon Foundries Stock Performance

X-FAB Silicon Foundries stock remained flat at $8.70 during mid-day trading on Friday. 407 shares of the company’s stock traded hands, compared to its average volume of 7,379. X-FAB Silicon Foundries has a 52-week low of $5.16 and a 52-week high of $17.05. The firm’s 50 day moving average price is $9.85 and its two-hundred day moving average price is $7.30.

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.