Short Interest in X-FAB Silicon Foundries SE (OTCMKTS:XFABF) Declines By 89.4%

X-FAB Silicon Foundries SE (OTCMKTS:XFABF) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 5,680 shares, a decline of 89.4% from the April 15th total of 53,809 shares. Based on an average daily volume of 8,078 shares, the short-interest ratio is presently 0.7 days.

X-FAB Silicon Foundries Stock Up 10.7%

Shares of XFABF stock opened at $7.75 on Tuesday. The company has a 50-day simple moving average of $6.12 and a 200 day simple moving average of $6.03. X-FAB Silicon Foundries has a 52 week low of $5.16 and a 52 week high of $8.60.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on XFABF shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of X-FAB Silicon Foundries in a research note on Monday, February 9th. Sanford C. Bernstein started coverage on shares of X-FAB Silicon Foundries in a research note on Wednesday, January 14th. They set a “market perform” rating on the stock. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

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.