Short Interest in Iqe Plc (OTCMKTS:IQEPF) Increases By 24,993.4%

Iqe Plc (OTCMKTS:IQEPF) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 6,524,290 shares, a growth of 24,993.4% from the February 12th total of 26,000 shares. Based on an average daily trading volume, of 2,648,988 shares, the short-interest ratio is currently 2.5 days. Currently, 0.7% of the shares of the stock are short sold. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,648,988 shares, the short-interest ratio is currently 2.5 days.

IQE Stock Performance

Shares of IQE stock traded up $0.03 during trading hours on Tuesday, reaching $0.31. The company’s stock had a trading volume of 2,019,181 shares, compared to its average volume of 982,371. The firm has a 50 day moving average price of $0.15 and a 200-day moving average price of $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 has a one year low of $0.06 and a one year high of $0.46.

About IQE

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.