Short Interest in Infineon Technologies AG (OTCMKTS:IFNNY) Declines By 90.9%

Infineon Technologies AG (OTCMKTS:IFNNYGet Free Report) was the target of a large decline in short interest in June. As of June 15th, there was short interest totalling 2,200 shares, a decline of 90.9% from the May 31st total of 24,200 shares. Based on an average trading volume of 758,900 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded shares of Infineon Technologies to a “strong-buy” rating in a research report on Monday, June 24th.

Check Out Our Latest Report on Infineon Technologies

Infineon Technologies Stock Up 1.0 %

OTCMKTS:IFNNY opened at $36.84 on Friday. Infineon Technologies has a 12 month low of $28.83 and a 12 month high of $44.46. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 1.80. The company’s 50-day moving average price is $38.40 and its two-hundred day moving average price is $37.44.

Infineon Technologies (OTCMKTS:IFNNYGet Free Report) last released its quarterly earnings results on Tuesday, May 7th. The technology company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06. The firm had revenue of $3.94 billion for the quarter. Infineon Technologies had a net margin of 16.48% and a return on equity of 17.84%. Equities analysts predict that Infineon Technologies will post 2 EPS for the current year.

About Infineon Technologies

(Get Free Report)

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.

Read More

Receive News & Ratings for Infineon Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies and related companies with's FREE daily email newsletter.