Iqe Plc (OTCMKTS:IQEPF) Short Interest Down 73.1% in March

Key Points

• Short interest fell 73.1% to 1,753,359 shares as of March 13 (down from 6,524,290 on Feb 26), equating to about 0.2% of shares and a short-interest ratio of roughly 0.4 days.
• IQEPF stock traded up to $0.40 on the latest session with 2,449,060 shares changing hands (above recent averages); the 50‑day/200‑day moving averages are $0.20/$0.12 and the 52‑week range is $0.06–$0.46.

Iqe Plc (OTCMKTS:IQEPF - Get Free Report) saw a significant drop in short interest in March. As of March 13th, there was short interest totaling 1,753,359 shares, a drop of 73.1% from the February 26th total of 6,524,290 shares. Currently, 0.2% of the company's stock are short sold. Based on an average trading volume of 4,866,805 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 4,866,805 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company's stock are short sold.

IQE Stock Performance

Shares of IQEPF stock traded up $0.05 during trading hours on Wednesday, reaching $0.40. 2,449,060 shares of the company's stock were exchanged, compared to its average volume of 1,212,690. The stock's 50 day moving average is $0.20 and its 200-day moving average is $0.12. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.82 and a current ratio of 1.17. IQE has a fifty-two week low of $0.06 and a fifty-two week high of $0.46.

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.

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