Infineon Technologies AG (OTCMKTS:IFNNY) Short Interest Update

Infineon Technologies AG (OTCMKTS:IFNNY - Get Free Report) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 129,200 shares, a growth of 79.2% from the December 15th total of 72,100 shares. Based on an average daily volume of 416,600 shares, the short-interest ratio is currently 0.3 days.

Infineon Technologies Stock Performance

Shares of Infineon Technologies stock traded up $0.59 on Wednesday, hitting $34.46. The stock had a trading volume of 129,941 shares, compared to its average volume of 276,505. The stock has a market cap of $45.00 billion, a price-to-earnings ratio of 32.82, a price-to-earnings-growth ratio of 2.25 and a beta of 1.87. The company has a quick ratio of 1.08, a current ratio of 1.90 and a debt-to-equity ratio of 0.27. Infineon Technologies has a twelve month low of $30.06 and a twelve month high of $41.84. The business's 50 day moving average is $32.87 and its two-hundred day moving average is $33.86.

Infineon Technologies (OTCMKTS:IFNNY - Get Free Report) last posted its earnings results on Tuesday, November 12th. The technology company reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.51 by $0.03. Infineon Technologies had a return on equity of 14.27% and a net margin of 8.64%. The company had revenue of $4.31 billion during the quarter. Analysts forecast that Infineon Technologies will post 1.61 EPS for the current year.

Analyst Ratings Changes

Separately, Citigroup raised shares of Infineon Technologies to a "strong-buy" rating in a research report on Thursday, October 10th.

About Infineon Technologies

Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and semiconductor-based solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and memory ICs; transceivers; diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.