Infineon Technologies AG (OTCMKTS:IFNNY) Sees Large Growth in Short Interest

Infineon Technologies AG (OTCMKTS:IFNNYGet Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 32,100 shares, an increase of 118.4% from the April 30th total of 14,700 shares. Based on an average daily trading volume, of 859,200 shares, the short-interest ratio is currently 0.0 days.

Infineon Technologies Trading Down 0.1 %

IFNNY opened at $40.09 on Friday. The business’s 50-day moving average price is $36.36 and its 200-day moving average price is $37.22. The company has a current ratio of 1.84, a quick ratio of 1.04 and a debt-to-equity ratio of 0.27. Infineon Technologies has a 12 month low of $28.83 and a 12 month high of $44.46.

Infineon Technologies (OTCMKTS:IFNNYGet Free Report) last posted its earnings results on Tuesday, May 7th. The technology company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.06. The company had revenue of $3.94 billion for the quarter. Infineon Technologies had a return on equity of 17.99% and a net margin of 16.48%. On average, analysts expect that Infineon Technologies will post 2.07 EPS for the current year.

Infineon Technologies Company Profile

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Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and semiconductor-based solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and memory ICs; transceivers; diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.

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