Short Interest in IQE plc (OTCMKTS:IQEPF) Expands By 410.0%

IQE plc (OTCMKTS:IQEPF) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 5,100 shares, a growth of 410.0% from the March 31st total of 1,000 shares. Based on an average daily trading volume, of 7,600 shares, the days-to-cover ratio is currently 0.7 days.

IQE Price Performance

IQEPF stock remained flat at $0.38 during midday trading on Friday. The company has a 50 day simple moving average of $0.30 and a two-hundred day simple moving average of $0.25. IQE has a fifty-two week low of $0.16 and a fifty-two week high of $0.40.

About IQE

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.