IQE plc (OTCMKTS:IQEPF) Short Interest Up 49.4% in March

IQE plc (OTCMKTS:IQEPF) saw 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. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

IQE Price Performance

Shares of IQEPF remained flat at $0.15 during mid-day trading on Friday. IQE has a 52 week low of $0.13 and a 52 week high of $0.46. The business has a 50 day simple moving average of $0.16 and a 200 day simple moving average of $0.17. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.37 and a quick ratio of 0.96.

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.