Infineon Technologies AG (OTCMKTS:IFNNY) Short Interest Up 66.9% in May

Infineon Technologies AG (OTCMKTS:IFNNY - Get Free Report) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 203,100 shares, an increase of 66.9% from the April 30th total of 121,700 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 773,800 shares, the days-to-cover ratio is presently 0.3 days.

Infineon Technologies Trading Down 1.0%

Shares of OTCMKTS IFNNY traded down $0.40 during trading on Monday, reaching $38.86. The stock had a trading volume of 305,721 shares, compared to its average volume of 481,459. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.13 and a current ratio of 1.90. The company has a market cap of $50.75 billion, a P/E ratio of 49.82, a PEG ratio of 2.39 and a beta of 1.82. Infineon Technologies has a fifty-two week low of $25.80 and a fifty-two week high of $41.84. The business's 50-day moving average price is $33.85 and its 200-day moving average price is $34.77.

Infineon Technologies (OTCMKTS:IFNNY - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The technology company reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.01. Infineon Technologies had a net margin of 6.49% and a return on equity of 12.55%. The company had revenue of $4.08 billion for the quarter, compared to analyst estimates of $3.60 billion. On average, equities research analysts predict that Infineon Technologies will post 1.61 EPS for the current fiscal year.

Infineon Technologies Company Profile

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.