Hua Hong Semiconductor Limited (OTCMKTS:HHUSF) Short Interest Update

Hua Hong Semiconductor Limited (OTCMKTS:HHUSF) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 6,263,060 shares, a drop of 41.3% from the August 31st total of 10,670,897 shares. Based on an average trading volume of 5,633 shares, the short-interest ratio is presently 1,111.9 days.

Hua Hong Semiconductor Stock Performance

Hua Hong Semiconductor stock remained flat at C$14.15 during midday trading on Wednesday. The company had a trading volume of 1,100 shares, compared to its average volume of 2,000. The company’s 50-day moving average is C$15.99 and its 200-day moving average is C$16.34. Hua Hong Semiconductor has a 1 year low of C$9.38 and a 1 year high of C$25.50.

Hua Hong Semiconductor Company Profile

Hua Hong Semiconductor Limited is a China-based semiconductor foundry that manufactures wafers for integrated-circuit designers and other semiconductor companies. Rather than selling branded end-user chips, the company provides contract manufacturing and related technology services, allowing customers to produce chips using its specialized process technologies.

The company focuses on specialty semiconductor processes, including embedded and standalone nonvolatile memory, power devices, analog and power-management products, logic and radio-frequency components, and other applications.