Siltronic AG (OTCMKTS:SSLLF) Short Interest Update

Siltronic AG (OTCMKTS:SSLLF) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 20,585 shares, a decrease of 24.4% from the January 15th total of 27,218 shares. Based on an average trading volume of 26 shares, the days-to-cover ratio is presently 791.7 days. Based on an average trading volume of 26 shares, the days-to-cover ratio is presently 791.7 days.

Siltronic Stock Performance

SSLLF opened at $59.00 on Friday. The business has a 50 day moving average price of $58.20 and a 200 day moving average price of $56.06. Siltronic has a twelve month low of $36.21 and a twelve month high of $66.00.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Citigroup restated a “neutral” rating on shares of Siltronic in a research note on Monday, November 3rd. Jefferies Financial Group upgraded Siltronic from a “hold” rating to a “strong-buy” rating in a report on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Siltronic presently has an average 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.