SGL Carbon SE (OTCMKTS:SGLFF) Short Interest Update

by · The Markets Daily

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

SGL Carbon Price Performance

SGLFF stock remained flat at $3.57 during midday trading on Friday. The stock’s fifty day simple moving average is $3.63 and its 200 day simple moving average is $3.84. SGL Carbon has a one year low of $3.00 and a one year high of $4.74.

About SGL Carbon

(Get Free Report)

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.

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