Infineon Technologies AG (OTCMKTS:IFNNY) Short Interest Down 25.7% in February

Infineon Technologies AG (OTCMKTS:IFNNY - Get Free Report) saw a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 60,700 shares, a decrease of 25.7% from the February 13th total of 81,700 shares. Based on an average daily trading volume, of 414,900 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company's shares are sold short.

Infineon Technologies Trading Down 2.0 %

OTCMKTS IFNNY traded down $0.75 during trading hours on Thursday, reaching $37.13. The company had a trading volume of 284,657 shares, compared to its average volume of 462,690. The stock has a 50-day moving average of $36.93 and a 200 day moving average of $34.36. Infineon Technologies has a 1-year low of $30.06 and a 1-year high of $41.84. The company has a current ratio of 1.90, a quick ratio of 1.13 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $48.49 billion, a P/E ratio of 47.60, a price-to-earnings-growth ratio of 2.39 and a beta of 1.92.

Infineon Technologies (OTCMKTS:IFNNY - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.10. Infineon Technologies had a net margin of 6.49% and a return on equity of 12.55%. As a group, research analysts anticipate that Infineon Technologies will post 1.61 earnings per share for the current fiscal year.

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Analyst Upgrades and Downgrades

Separately, Susquehanna raised shares of Infineon Technologies from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 28th.

Infineon Technologies Company Profile

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.