Siltronic AG (OTCMKTS:SSLLF) Sees Large Decrease in Short Interest

Siltronic AG (OTCMKTS:SSLLF) was the target of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 34,393 shares, a decrease of 34.8% from the November 30th total of 52,789 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Analyst Upgrades and Downgrades

SSLLF has been the subject of a number of recent analyst reports. Citigroup restated a “neutral” rating on shares of Siltronic in a report on Monday, November 3rd. Jefferies Financial Group raised shares of Siltronic from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Siltronic has a consensus rating of “Moderate Buy”.

Siltronic Stock Performance

OTCMKTS SSLLF opened at $54.90 on Friday. The stock’s 50 day moving average is $60.09 and its 200 day moving average is $52.76. Siltronic has a twelve month low of $36.21 and a twelve month high of $64.53.

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.