IQE plc (OTCMKTS:IQEPF) Short Interest Update

IQE plc (OTCMKTS:IQEPF) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 2,025,700 shares, an increase of 49.4% from the February 28th total of 1,356,100 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

IQE Stock Performance

Shares of OTCMKTS:IQEPF remained flat at $0.15 during midday trading on Tuesday. The firm’s 50-day moving average price is $0.16 and its two-hundred day moving average price is $0.16. IQE has a 12 month low of $0.13 and a 12 month high of $0.46. The company has a current ratio of 1.37, a quick ratio of 0.96 and a debt-to-equity ratio of 0.16.

About IQE

IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, and photonics market, that includes applications that transmit and sense visible and infrared lights, as well as advanced semiconductor materials related to silicon.