IQE plc (OTCMKTS:IQEPF) Short Interest Update

IQE plc (OTCMKTS:IQEPF) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 264,100 shares, a growth of 3,007.1% from the October 15th total of 8,500 shares. Based on an average daily volume of 51,900 shares, the days-to-cover ratio is currently 5.1 days.

IQE Stock Performance

Shares of OTCMKTS:IQEPF opened at $0.13 on Thursday. IQE has a 12 month low of $0.13 and a 12 month high of $0.46. The company’s 50-day moving average price is $0.21 and its two-hundred day moving average price is $0.32. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.37 and a quick ratio of 0.96.

About IQE

IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, and photonics market, that includes applications that transmit and sense visible and infrared lights, as well as advanced semiconductor materials related to silicon.