Hua Hong Semiconductor Limited (OTCMKTS:HHUSF) Sees Significant Growth in Short Interest

Hua Hong Semiconductor Limited (OTCMKTS:HHUSF) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 9,519,464 shares, an increase of 52.7% from the July 15th total of 6,235,409 shares. Based on an average daily trading volume, of 3,527 shares, the short-interest ratio is currently 2,699.0 days.

Hua Hong Semiconductor Price Performance

Shares of HHUSF remained flat at C$17.60 during mid-day trading on Tuesday. The firm’s 50-day moving average is C$20.00 and its 200 day moving average is C$15.53. Hua Hong Semiconductor has a 52-week low of C$6.96 and a 52-week high of C$25.50.

Hua Hong Semiconductor Company Profile

Hua Hong Semiconductor Limited (OTCMKTS:HHUSF) is a pure?play semiconductor foundry headquartered in Shanghai, China. The company specializes in the research, development and manufacture of integrated circuits, offering a diverse suite of process technologies on both 200mm and 300mm wafers. Its core offerings span from mature nodes for power management and radio?frequency applications to specialty technologies such as gallium nitride (GaN) and CMOS image sensors, serving a wide spectrum of end markets including communications, consumer electronics, industrial controls and automotive systems.

Operating multiple fabrication facilities, Hua Hong Semiconductor maintains advanced manufacturing sites in Shanghai and Wuxi.