Iqe Plc (OTCMKTS:IQEPF) Short Interest Update
by Mitch Edgeman · The Markets DailyIqe Plc (OTCMKTS:IQEPF – Get Free Report) was the target of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 1,753,359 shares, a decrease of 73.1% from the February 26th total of 6,524,290 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 4,866,805 shares, the days-to-cover ratio is presently 0.4 days.
IQE Trading Down 8.6%
Shares of IQEPF stock traded down $0.03 during mid-day trading on Friday, reaching $0.32. 2,156,309 shares of the company’s stock traded hands, compared to its average volume of 1,263,862. IQE has a 12 month low of $0.06 and a 12 month high of $0.46. 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’s 50-day moving average price is $0.21 and its 200-day moving average price is $0.13.
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.