Short Interest in Iqe Plc (OTCMKTS:IQEPF) Grows By 293.2%

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

IQE Stock Down 7.5%

IQEPF stock opened at $0.11 on Friday. 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 business has a 50 day simple moving average of $0.08 and a 200-day simple moving average of $0.10. IQE has a 1 year low of $0.06 and a 1 year 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.