SGL Carbon SE (OTCMKTS:SGLFF) Short Interest Update

SGL Carbon SE (OTCMKTS:SGLFF) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 23,789 shares, a growth of 189.3% from the November 30th total of 8,223 shares. Based on an average daily volume of 2,711 shares, the days-to-cover ratio is currently 8.8 days. Based on an average daily volume of 2,711 shares, the days-to-cover ratio is currently 8.8 days.

SGL Carbon Price Performance

OTCMKTS SGLFF remained flat at $3.57 on Friday. SGL Carbon has a fifty-two week low of $3.00 and a fifty-two week high of $4.74. The stock’s 50 day simple moving average is $3.62 and its 200 day simple moving average is $3.84.

SGL Carbon Company Profile

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.