Short Interest in Siltronic AG (OTCMKTS:SSLLF) Drops By 14.5%

Siltronic AG (OTCMKTS:SSLLF) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totalling 30,000 shares, a decline of 14.5% from the November 30th total of 35,100 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 100.0 days.

Wall Street Analyst Weigh In

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

Siltronic Stock Down 5.9 %

Shares of SSLLF opened at $48.36 on Tuesday. Siltronic has a 12-month low of $47.93 and a 12-month high of $98.49. The firm’s 50 day moving average is $55.30 and its 200-day moving average is $69.02.

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

About Siltronic

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.