Infineon Technologies AG (OTCMKTS:IFNNF) Sees Large Growth in Short Interest

Infineon Technologies AG (OTCMKTS:IFNNF) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 1,584,100 shares, an increase of 32.5% from the August 15th total of 1,195,400 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 990.1 days.

Infineon Technologies Price Performance

Infineon Technologies has a one year low of $28.94 and a one year high of $42.41. The stock’s fifty day moving average is $34.62 and its two-hundred day moving average is $36.16.

About Infineon Technologies

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.