Short Interest in Iqe Plc (OTCMKTS:IQEPF) Decreases By 85.2%

Iqe Plc (OTCMKTS:IQEPF) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 259,200 shares, a drop of 85.2% from the March 15th total of 1,753,359 shares. Based on an average daily trading volume, of 3,349,688 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

IQE Stock Up 22.8%

OTCMKTS:IQEPF traded up $0.09 on Friday, reaching $0.51. The company’s stock had a trading volume of 2,433,592 shares, compared to its average volume of 1,203,221. The business’s 50-day moving average price is $0.25 and its two-hundred day moving average price is $0.14. IQE has a 1-year low of $0.06 and a 1-year high of $0.54.

IQE Company Profile

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.