Infineon Technologies AG (OTCMKTS:IFNNF – Get Free Report) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 2,830,300 shares, a growth of 5.8% from the December 15th total of 2,673,900 shares. Based on an average daily trading volume, of 14,600 shares, the short-interest ratio is presently 193.9 days.
Institutional Trading of Infineon Technologies
An institutional investor recently bought a new position in Infineon Technologies stock. Eagle Bay Advisors LLC purchased a new position in shares of Infineon Technologies AG (OTCMKTS:IFNNF – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,100 shares of the company’s stock, valued at approximately $39,000. 44.76% of the stock is owned by institutional investors and hedge funds.
Infineon Technologies Price Performance
Shares of OTCMKTS IFNNF opened at $34.25 on Friday. The company’s fifty day moving average price is $32.98 and its 200 day moving average price is $33.67. Infineon Technologies has a 1 year low of $29.80 and a 1 year high of $41.79.
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.
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