Hua Hong Semiconductor Limited (OTCMKTS:HHUSF) Stock Short Interest Falls 41.3%

Hua Hong Semiconductor Limited (OTCMKTS:HHUSF) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 6,263,060 shares, a decline of 41.3% from the August 31st total of 10,670,897 shares. Based on an average daily trading volume, of 5,633 shares, the short-interest ratio is presently 1,111.9 days.

Hua Hong Semiconductor Price Performance

OTCMKTS HHUSF remained flat at C$14.15 on Thursday. 1,100 shares of the company’s stock traded hands, compared to its average volume of 2,000. Hua Hong Semiconductor has a fifty-two week low of C$9.38 and a fifty-two week high of C$25.50. The business has a 50-day moving average of C$15.84 and a 200-day moving average of C$16.36.

Hua Hong Semiconductor Company Profile

Hua Hong Semiconductor Limited is a China-based semiconductor foundry that manufactures wafers for integrated-circuit designers and other semiconductor companies. Rather than selling branded end-user chips, the company provides contract manufacturing and related technology services, allowing customers to produce chips using its specialized process technologies.

The company focuses on specialty semiconductor processes, including embedded and standalone nonvolatile memory, power devices, analog and power-management products, logic and radio-frequency components, and other applications.