Short Interest in Infineon Technologies AG (OTCMKTS:IFNNF) Rises By 5.8%

Infineon Technologies AG (OTCMKTS:IFNNF) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 2,830,300 shares, an increase of 5.8% from the December 31st total of 2,673,900 shares. Based on an average daily volume of 14,600 shares, the days-to-cover ratio is presently 193.9 days.

Hedge Funds Weigh In On Infineon Technologies

An institutional investor recently bought a new position in Infineon Technologies stock. Eagle Bay Advisors LLC acquired a new position in Infineon Technologies AG (OTCMKTS:IFNNF) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,100 shares of the company’s stock, valued at approximately $39,000. 44.76% of the stock is currently owned by institutional investors.

Infineon Technologies Trading Up 6.6 %

Shares of IFNNF stock opened at $35.82 on Wednesday. Infineon Technologies has a one year low of $29.80 and a one year high of $41.79. The firm has a 50-day moving average of $33.79 and a 200-day moving average of $33.37.

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.