Iqe Plc (OTCMKTS:IQEPF) Sees Large Decrease in Short Interest

Iqe Plc (OTCMKTS:IQEPF) was the recipient of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 26,000 shares, a decline of 14.0% from the January 29th total of 30,242 shares. Based on an average daily trading volume, of 30,170 shares, the short-interest ratio is presently 0.9 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 30,170 shares, the short-interest ratio is presently 0.9 days.

IQE Price Performance

Shares of IQEPF opened at $0.30 on Friday. The stock has a 50 day moving average of $0.14 and a 200 day moving average of $0.11. IQE has a 12 month low of $0.06 and a 12 month high of $0.46. The company has a quick ratio of 0.82, a current ratio of 1.17 and a debt-to-equity ratio of 0.23.

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.