Iqe Plc (OTCMKTS:IQEPF) Sees Significant Drop in Short Interest

Iqe Plc (OTCMKTS:IQEPF) was the target of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 26,000 shares, a drop of 14.0% from the January 29th total of 30,242 shares. Based on an average trading volume of 30,170 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 30,170 shares, the days-to-cover ratio is currently 0.9 days.

IQE Price Performance

Shares of OTCMKTS IQEPF opened at $0.37 on Thursday. IQE has a 52-week low of $0.06 and a 52-week high of $0.46. The stock’s fifty day simple moving average is $0.14 and its 200 day simple moving average is $0.11. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.82 and a current ratio of 1.17.

IQE Company Profile

IQE plc is a leading global supplier of advanced wafer products and wafer-based material solutions for the semiconductor industry. Headquartered in Cardiff, Wales, the company specializes in the development and manufacturing of epitaxial wafers—ultra-thin layers of compound semiconductor materials—used in a wide range of high-performance electronic and photonic devices.

The company’s product portfolio encompasses key compound semiconductor materials such as indium phosphide, gallium arsenide, gallium nitride and silicon-germanium.