SGL Carbon SE (OTCMKTS:SGLFF) Sees Significant Decrease in Short Interest

SGL Carbon SE (OTCMKTS:SGLFF) saw a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 967 shares, a decline of 95.0% from the January 15th total of 19,338 shares. Based on an average daily volume of 2,784 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 2,784 shares, the short-interest ratio is currently 0.3 days.

SGL Carbon Stock Performance

SGLFF stock remained flat at $4.85 during mid-day trading on Tuesday. SGL Carbon has a fifty-two week low of $3.00 and a fifty-two week high of $4.90. The firm’s fifty day moving average is $3.96 and its 200-day moving average is $3.86.

About SGL Carbon

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.