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

X-FAB Silicon Foundries SE (OTCMKTS:XFABF) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 4,022 shares, a drop of 48.2% from the July 15th total of 7,760 shares. Based on an average daily volume of 5,684 shares, the short-interest ratio is currently 0.7 days.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of X-FAB Silicon Foundries in a research report on Friday, July 10th. Sanford C. Bernstein upgraded X-FAB Silicon Foundries from a “market perform” rating to an “outperform” rating in a research note on Tuesday, June 23rd. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

X-FAB Silicon Foundries Trading Down 16.7%

Shares of OTCMKTS XFABF opened at $7.00 on Tuesday. The firm’s 50 day moving average price is $8.71 and its 200-day moving average price is $7.60. X-FAB Silicon Foundries has a 52-week low of $5.16 and a 52-week high of $17.05.

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.