Infineon Technologies AG (OTCMKTS:IFNNY) Short Interest Update

Infineon Technologies AG (OTCMKTS:IFNNY) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 10,000 shares, a growth of 22.0% from the August 31st total of 8,200 shares. Based on an average trading volume of 521,500 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

A number of analysts have issued reports on IFNNY shares. New Street Research upgraded shares of Infineon Technologies to a “strong-buy” rating in a research note on Monday, September 9th. Barclays raised shares of Infineon Technologies to a “strong-buy” rating in a research report on Monday, June 24th.

Infineon Technologies Stock Performance

Shares of OTCMKTS IFNNY traded down $1.18 during midday trading on Monday, reaching $35.12. 141,586 shares of the company were exchanged, compared to its average volume of 270,979. Infineon Technologies has a 1 year low of $28.83 and a 1 year high of $42.45. The company has a current ratio of 1.89, a quick ratio of 1.08 and a debt-to-equity ratio of 0.26. The stock has a fifty day simple moving average of $34.06 and a 200 day simple moving average of $36.04. The stock has a market cap of $45.86 billion, a P/E ratio of 16.62, a PEG ratio of 11.16 and a beta of 1.90.

Infineon Technologies (OTCMKTS:IFNNY) last posted its quarterly earnings results on Monday, August 5th. The technology company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.42 by $0.04. Infineon Technologies had a return on equity of 15.49% and a net margin of 14.08%. The business had revenue of $3.98 billion during the quarter. On average, research analysts forecast that Infineon Technologies will post 2.02 earnings per share for the current fiscal year.

Infineon Technologies Company Profile

Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and semiconductor-based solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and memory ICs; transceivers; diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.