Short Interest in IQE PLC (OTCMKTS:IQEPF) Decreases By 31.1%

IQE PLC (OTCMKTS:IQEPF) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 1,843,000 shares, a decrease of 31.1% from the September 15th total of 2,674,800 shares. Based on an average daily volume of 125,300 shares, the days-to-cover ratio is presently 14.7 days. Based on an average daily volume of 125,300 shares, the days-to-cover ratio is presently 14.7 days.

IQE Stock Performance

IQE stock opened at $0.07 on Friday. The business has a fifty day moving average of $0.11 and a two-hundred day moving average of $0.12. IQE has a twelve month low of $0.07 and a twelve month high of $0.22.

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.