Siltronic AG (OTCMKTS:SSLLF) Short Interest Update

Siltronic AG (OTCMKTS:SSLLF) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 25,384 shares, a growth of 23.3% from the January 29th total of 20,585 shares. Based on an average daily volume of 686 shares, the days-to-cover ratio is currently 37.0 days. Based on an average daily volume of 686 shares, the days-to-cover ratio is currently 37.0 days.

Siltronic Stock Performance

Shares of SSLLF opened at $66.08 on Tuesday. Siltronic has a 12 month low of $36.21 and a 12 month high of $66.08. The business’s fifty day simple moving average is $59.05 and its two-hundred day simple moving average is $57.23.

Wall Street Analyst Weigh In

Separately, Citigroup reiterated a “neutral” rating on shares of Siltronic in a research note on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Siltronic currently has a consensus rating of “Moderate Buy”.

About Siltronic

Siltronic AG is a Germany‐based manufacturer specializing in the production of hyperpure silicon wafers for the semiconductor industry. These wafers serve as the foundational substrate for a wide array of electronic devices, including integrated circuits, discrete power components and sensor technologies. Headquartered in Munich, Siltronic’s wafers are a critical input used by chipmakers worldwide to fabricate advanced microelectronic components for consumer electronics, automotive systems and industrial applications.

The origins of Siltronic trace back to its establishment as a spin-off from Siemens’ semiconductor materials division in 2001.