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

Iqe Plc (OTCMKTS:IQEPF) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 25,000 shares, a drop of 97.1% from the November 30th total of 849,900 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

IQE Stock Performance

Shares of IQE stock remained flat at $0.07 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.82 and a current ratio of 1.17. The company has a 50-day moving average of $0.07 and a 200-day moving average of $0.11. IQE has a 52 week low of $0.06 and a 52 week high of $0.20.

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.