Infineon Technologies AG (OTCMKTS:IFNNF) Short Interest Up 24.9% in February

Infineon Technologies AG (OTCMKTS:IFNNF) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 5,054,600 shares, an increase of 24.9% from the January 31st total of 4,047,200 shares. Based on an average trading volume of 5,100 shares, the days-to-cover ratio is presently 991.1 days.

Infineon Technologies Trading Up 0.8 %

Shares of IFNNF stock traded up $0.30 during trading on Wednesday, reaching $36.90. The company’s stock had a trading volume of 220 shares, compared to its average volume of 7,356. Infineon Technologies has a 1-year low of $29.80 and a 1-year high of $41.79. The stock’s 50-day moving average price is $35.74 and its 200 day moving average price is $34.08.

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.