Hua Hong Semiconductor Limited (OTCMKTS:HHUSF) Short Interest Update

Hua Hong Semiconductor Limited (OTCMKTS:HHUSF – Get Free Report) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 6,263,060 shares, a drop of 41.3% from the August 31st total of 10,670,897 shares. Based on an average daily volume of 5,633 shares, the short-interest ratio is currently 1,111.9 days.

Hua Hong Semiconductor Price Performance

Shares of HHUSF remained flat at C$14.15 during mid-day trading on Wednesday. 1,100 shares of the company’s stock were exchanged, compared to its average volume of 2,000. Hua Hong Semiconductor has a 52 week low of C$9.38 and a 52 week high of C$25.50. The company’s fifty day simple moving average is C$15.99 and its two-hundred day simple moving average is C$16.34.

Hua Hong Semiconductor Company Profile

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Hua Hong Semiconductor Limited is a China-based semiconductor foundry that manufactures wafers for integrated-circuit designers and other semiconductor companies. Rather than selling branded end-user chips, the company provides contract manufacturing and related technology services, allowing customers to produce chips using its specialized process technologies.

The company focuses on specialty semiconductor processes, including embedded and standalone nonvolatile memory, power devices, analog and power-management products, logic and radio-frequency components, and other applications.

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