Iqe Plc (OTCMKTS:IQEPF) Short Interest Down 73.1% in March

Iqe Plc (OTCMKTS:IQEPF) was the recipient of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 1,753,359 shares, a decrease of 73.1% from the February 26th total of 6,524,290 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 4,866,805 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 4,866,805 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

IQE Stock Up 14.7%

Shares of IQE stock traded up $0.05 during trading on Wednesday, hitting $0.40. 2,449,060 shares of the company’s stock were exchanged, compared to its average volume of 1,212,690. The company has a current ratio of 1.17, a quick ratio of 0.82 and a debt-to-equity ratio of 0.23. The business has a 50-day simple moving average of $0.20 and a 200-day simple moving average of $0.12. IQE has a 52-week low of $0.06 and a 52-week high of $0.46.

About IQE

IQE plc is a leading global supplier of advanced wafer products and wafer-based material solutions for the semiconductor industry. Headquartered in Cardiff, Wales, the company specializes in the development and manufacturing of epitaxial wafers—ultra-thin layers of compound semiconductor materials—used in a wide range of high-performance electronic and photonic devices.

The company’s product portfolio encompasses key compound semiconductor materials such as indium phosphide, gallium arsenide, gallium nitride and silicon-germanium.