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

Iqe Plc (OTCMKTS:IQEPF) saw a significant 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 volume of 2,648,988 shares, the short-interest ratio is currently 2.5 days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average daily volume of 2,648,988 shares, the short-interest ratio is currently 2.5 days.

IQE Stock Up 12.4%

Shares of OTCMKTS:IQEPF opened at $0.31 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.17 and a quick ratio of 0.82. IQE has a fifty-two week low of $0.06 and a fifty-two week high of $0.46. The company’s 50-day moving average is $0.16 and its 200 day moving average is $0.11.

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.