IQE plc (OTCMKTS:IQEPF) Sees Significant Increase in Short Interest

IQE plc (OTCMKTS:IQEPF - Get Free Report) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 2,025,700 shares, a growth of 49.4% from the February 28th total of 1,356,100 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Approximately 0.2% of the shares of the stock are sold short.

IQE Stock Performance

Shares of OTCMKTS:IQEPF remained flat at $0.15 on Thursday. IQE has a 1 year low of $0.13 and a 1 year high of $0.46. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.96 and a current ratio of 1.37. The stock has a fifty day moving average price of $0.16 and a two-hundred day moving average price of $0.16.

IQE Company Profile

IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, and photonics market, that includes applications that transmit and sense visible and infrared lights, as well as advanced semiconductor materials related to silicon.