Siltronic AG (OTCMKTS:SSLLF – Get Free Report) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 51,664 shares, an increase of 84.2% from the May 31st total of 28,045 shares. Based on an average daily volume of 532 shares, the days-to-cover ratio is currently 97.1 days.
Siltronic Stock Performance
Shares of Siltronic stock opened at $98.70 on Thursday. Siltronic has a 1-year low of $49.00 and a 1-year high of $122.95. The business has a 50-day moving average of $101.67 and a 200-day moving average of $75.69.
Wall Street Analyst Weigh In
SSLLF has been the topic of several research reports. Citigroup reissued a “neutral” rating on shares of Siltronic in a research report on Monday, June 1st. Oddo Bhf downgraded shares of Siltronic to an “underperform” rating in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Siltronic in a research note on Wednesday, May 6th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Siltronic in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.
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.
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