Infineon Technologies AG (OTCMKTS:IFNNY) Short Interest Update

Infineon Technologies AG (OTCMKTS:IFNNY) was the recipient of a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 148,000 shares, an increase of 537.9% from the July 31st total of 23,200 shares. Based on an average daily volume of 957,400 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

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

Infineon Technologies Stock Down 0.6 %

Infineon Technologies stock opened at $36.04 on Thursday. Infineon Technologies has a fifty-two week low of $28.83 and a fifty-two week high of $42.45. The firm has a market capitalization of $47.07 billion, a price-to-earnings ratio of 17.08, a price-to-earnings-growth ratio of 11.67 and a beta of 1.91. The stock’s fifty day moving average is $35.86 and its two-hundred day moving average is $36.49. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 1.80.

Infineon Technologies (OTCMKTS:IFNNY) last issued its quarterly earnings data on Monday, August 5th. The technology company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.04. Infineon Technologies had a net margin of 16.48% and a return on equity of 17.84%. The firm had revenue of $3.98 billion for the quarter. Analysts predict that Infineon Technologies will post 1.98 EPS for the current fiscal year.

About Infineon Technologies

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.