Short Interest in IQE plc (OTCMKTS:IQEPF) Grows By 7.9%

IQE plc (OTCMKTS:IQEPF) was the target of a significant increase in short interest in August. As of August 15th, there was short interest totalling 20,400 shares, an increase of 7.9% from the July 31st total of 18,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 204.0 days.

IQE Stock Performance

Shares of OTCMKTS IQEPF opened at $0.32 on Wednesday. IQE has a 12-month low of $0.16 and a 12-month high of $0.46. The business’s fifty day simple moving average is $0.38 and its 200-day simple moving average is $0.35.

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.