X-FAB Silicon Foundries SE (OTCMKTS:XFABF) Short Interest Update

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

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of X-FAB Silicon Foundries in a report on Monday, February 9th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

X-FAB Silicon Foundries Trading Down 8.9%

Shares of XFABF stock opened at $12.75 on Friday. X-FAB Silicon Foundries has a 12 month low of $5.16 and a 12 month high of $17.05. The business’s 50 day moving average is $7.18 and its two-hundred day moving average is $6.27.

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.