SGL Carbon SE (OTCMKTS:SGLFF) Short Interest Update

SGL Carbon SE (OTCMKTS:SGLFFGet Rating) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 9,200 shares, a growth of 35.3% from the March 31st total of 6,800 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 46.0 days.

Separately, HSBC raised SGL Carbon from a “reduce” rating to a “hold” rating in a research note on Wednesday, February 2nd.

Shares of SGLFF stock opened at $5.40 on Monday. The business’s 50-day moving average price is $5.94 and its 200-day moving average price is $7.75. SGL Carbon has a 12 month low of $5.39 and a 12 month high of $12.62.

About SGL Carbon (Get Rating)

SGL Carbon SE, together with its subsidiaries, engages in the manufacture and sale of carbon fiber and specialty graphite products in Germany, rest of Europe, the United States, China, Asia, Latin America, Africa, and Australia. The company operates in Graphite Solutions; Process Technology; Caron Fibers; and Composite Solutions segment.

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