Iqe Plc (OTCMKTS:IQEPF) Sees Large Growth in Short Interest

Iqe Plc (OTCMKTS:IQEPF) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 98,296 shares, an increase of 293.2% from the December 31st total of 25,000 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 239,957 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 239,957 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

IQE Stock Performance

IQEPF stock remained flat at $0.11 during mid-day trading on Wednesday. 4,242 shares of the company’s stock were exchanged, compared to its average volume of 60,396. IQE has a fifty-two week low of $0.06 and a fifty-two week high of $0.20. The company has a 50 day simple moving average of $0.08 and a 200-day simple moving average of $0.10. The company has a quick ratio of 0.82, a current ratio of 1.17 and a debt-to-equity ratio of 0.23.

About IQE

IQE plc is a leading global supplier of advanced wafer products and wafer-based material solutions for the semiconductor industry. Headquartered in Cardiff, Wales, the company specializes in the development and manufacturing of epitaxial wafers—ultra-thin layers of compound semiconductor materials—used in a wide range of high-performance electronic and photonic devices.

The company’s product portfolio encompasses key compound semiconductor materials such as indium phosphide, gallium arsenide, gallium nitride and silicon-germanium.