Infineon Technologies AG (OTCMKTS:IFNNY) Short Interest Update

Infineon Technologies AG (OTCMKTS:IFNNY) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 60,700 shares, a decline of 25.7% from the February 13th total of 81,700 shares. Based on an average trading volume of 414,900 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Infineon Technologies Stock Performance

IFNNY stock opened at $37.79 on Tuesday. The company has a quick ratio of 1.13, a current ratio of 1.90 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $49.35 billion, a price-to-earnings ratio of 48.45, a P/E/G ratio of 2.39 and a beta of 1.92. Infineon Technologies has a 12 month low of $30.06 and a 12 month high of $41.84. The firm has a 50 day moving average of $36.71 and a two-hundred day moving average of $34.30.

Infineon Technologies (OTCMKTS:IFNNY) last issued its quarterly earnings data on Tuesday, February 4th. The technology company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.10. Infineon Technologies had a net margin of 6.49% and a return on equity of 12.55%. As a group, equities analysts anticipate that Infineon Technologies will post 1.61 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Susquehanna raised shares of Infineon Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 28th.

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.