Short Interest in SGL Carbon SE (OTCMKTS:SGLFF) Declines By 19.5%

SGL Carbon SE (OTCMKTS:SGLFF) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 19,160 shares, a drop of 19.5% from the December 15th total of 23,789 shares. Based on an average daily trading volume, of 51 shares, the short-interest ratio is presently 375.7 days. Based on an average daily trading volume, of 51 shares, the short-interest ratio is presently 375.7 days.

SGL Carbon Trading Up 0.9%

SGLFF stock opened at $4.55 on Wednesday. SGL Carbon has a fifty-two week low of $3.00 and a fifty-two week high of $4.74. The business’s 50 day moving average price is $3.65 and its two-hundred day moving average price is $3.78.

SGL Carbon Company Profile

SGL Carbon SE is a German high‐technology company specializing in carbon‐based solutions, including graphite and composite materials. Headquartered in Wiesbaden, Germany, the firm was established in 1992 but draws on more than 150 years of carbon materials expertise. Its operations are organized into two principal segments: Graphite Solutions, which produces graphite electrodes, carbon blocks and other graphitic products for industries such as steel, aluminum and chemicals; and Composite Solutions, which focuses on fiber‐reinforced composites, carbon fibers and specialty materials for high‐performance applications.

The company’s product portfolio serves a broad range of end markets, including automotive, aerospace, renewable energy and electronics.