Short Interest in IQE plc (OTCMKTS:IQEPF) Rises By 401.5%

IQE plc (OTCMKTS:IQEPF) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,324,500 shares, a growth of 401.5% from the October 31st total of 264,100 shares. Based on an average daily volume of 55,200 shares, the short-interest ratio is presently 24.0 days.

IQE Stock Performance

OTCMKTS:IQEPF remained flat at $0.16 during mid-day trading on Thursday. The company’s 50 day moving average is $0.18 and its 200-day moving average is $0.31. The company has a quick ratio of 0.96, a current ratio of 1.37 and a debt-to-equity ratio of 0.16. IQE has a 52-week low of $0.13 and a 52-week high of $0.46.

IQE Company Profile

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.