What Next for SGL GROUP ORDINARY SHARES (OTCMKTS:SGLFF) Stock After Decrease in Shorted Shares?

The stock of SGL GROUP ORDINARY SHARES (OTCMKTS:SGLFF) registered a decrease of 1.44% in short interest. SGLFF’s total short interest was 27,400 shares in December as published by FINRA. Its down 1.44% from 27,800 shares, reported previously. With 400 shares average volume, it will take short sellers 69 days to cover their SGLFF’s short positions.

It closed at $9.5 lastly. It is down 0.00% since December 2, 2017 and is . It has underperformed by 15.62% 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 $1.20 billion. The firm operates through two divisions, Composites-Fibers & Materials; and Graphite Materials & Systems. It has a 5.5 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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