X-FAB Silicon Foundries SE (OTCMKTS:XFABF) Short Interest Down 79.2% in May

X-FAB Silicon Foundries SE (OTCMKTS:XFABF) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,180 shares, a drop of 79.2% from the April 30th total of 5,680 shares. Based on an average trading volume of 3,736 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of X-FAB Silicon Foundries in a research report on Monday, February 9th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, X-FAB Silicon Foundries has a consensus rating of “Hold”.

X-FAB Silicon Foundries Stock Performance

OTCMKTS:XFABF opened at $14.00 on Friday. X-FAB Silicon Foundries has a 52 week low of $5.16 and a 52 week high of $17.05. The stock’s 50-day moving average price is $7.03 and its 200-day moving average price is $6.23.

X-FAB Silicon Foundries Company Profile

-FAB Silicon Foundries SE operates as an analog/mixed-signal semiconductor technology foundry. The company manufactures silicon wafers for automotive, industrial, consumer, medical, and mobile communications, and other applications; and analog/mixed-signal integrated circuits, sensors, and micro-electro-mechanical systems. It provides manufacturing and design support services for customers that design analog/mixed-signal integrated circuits and other semiconductor devices, as well as engineering and prototyping, outsourcing, technical, and design support services.