Short Interest in SGL Carbon SE (OTCMKTS:SGLFF) Declines By 15.5%

SGL Carbon SE (OTCMKTS:SGLFF) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 76,800 shares, a drop of 15.5% from the March 15th total of 90,900 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is presently 153.6 days.

SGL Carbon Price Performance

OTCMKTS:SGLFF opened at $3.68 on Wednesday. SGL Carbon has a fifty-two week low of $3.48 and a fifty-two week high of $8.13. The stock’s 50-day moving average is $4.22 and its two-hundred day moving average is $4.53.

SGL Carbon Company Profile

SGL Carbon SE, together with its subsidiaries, engages in the manufacture and sale of special graphite, carbon fibers, and composite products in Germany, rest of Europe, the United States, China, rest of Asia, and internationally. The company operates in four segments: Graphite Solutions, Process Technology, Carbon Fibers, and Composite Solutions.