What’s in SGL GROUP ORDINARY SHARES (OTCMKTS:SGLFF) After Decline in Shorted Shares?

July 12, 2018 - By Alfred Lee

The stock of SGL GROUP ORDINARY SHARES (OTCMKTS:SGLFF) registered a decrease of 5.64% in short interest. SGLFF’s total short interest was 349,700 shares in July as published by FINRA. Its down 5.64% from 370,600 shares, reported previously. With 100 shares average volume, it will take short sellers 3497 days to cover their SGLFF’s short positions. The short interest to SGL GROUP ORDINARY SHARES’s float is 0.42%.

It closed at $11 lastly. It is down 0.00% since July 12, 2017 and is . It has underperformed by 12.57% the S&P500.

SGL Carbon SE, together with its subsidiaries, makes and sells carbon and graphite products in Germany, the Asia Pacific/Middle East, rest of Europe, and North America. The company has market cap of $1.39 billion. The firm operates through two divisions, Composites-Fibers & Materials; and Graphite Materials & Systems. It has a 6.74 P/E ratio. It provides process solutions for the chemical and related industries; and equipment solutions, such as graphite and silicon carbide heat exchangers, special heat exchangers, quenchers, pumps, rupture disks, piping products, expansion joints/bellows, dip and intel pipes, liners and lining services, and supplementary components, as well as columns, reactors, and vessels.

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