IQE plc (OTCMKTS:IQEPF) Short Interest Update

IQE plc (OTCMKTS:IQEPF) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totalling 8,500 shares, a decline of 21.3% from the June 15th total of 10,800 shares. Based on an average daily trading volume, of 1,500 shares, the days-to-cover ratio is presently 5.7 days.

IQE Price Performance

IQEPF opened at $0.44 on Tuesday. IQE has a 12 month low of $0.16 and a 12 month high of $0.46. The business has a fifty day moving average price of $0.39 and a 200 day moving average price of $0.33.

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.