Iqe Plc (OTCMKTS:IQEPF) Sees Large Growth in Short Interest

Iqe Plc (OTCMKTS:IQEPF) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 98,296 shares, an increase of 293.2% from the December 31st total of 25,000 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 239,957 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 239,957 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.

IQE Stock Performance

IQEPF remained flat at $0.11 during midday trading on Wednesday. 4,242 shares of the company’s stock were exchanged, compared to its average volume of 60,396. IQE has a one year low of $0.06 and a one year high of $0.20. The company has a current ratio of 1.17, a quick ratio of 0.82 and a debt-to-equity ratio of 0.23. The company’s fifty day moving average price is $0.08 and its 200-day moving average price is $0.10.

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.