IQE plc (OTCMKTS:IQEPF) Short Interest Up 7.9% in August

IQE plc (OTCMKTS:IQEPF) was the target of a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 20,400 shares, an increase of 7.9% from the July 31st total of 18,900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 204.0 days.

IQE Price Performance

OTCMKTS IQEPF opened at $0.32 on Tuesday. The firm’s 50-day simple moving average is $0.38 and its two-hundred day simple moving average is $0.35. IQE has a 52 week low of $0.16 and a 52 week high of $0.46.

IQE Company Profile

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.