IQE plc (OTCMKTS:IQEPF) short interest rose 7.9% in August

IQE plc (OTCMKTS:IQEPF – Get Free Report ) was the target of a significant increase in short interest in August. As of August 15th, there was short interest totaling 20,400 shares, up 7.9% from July 31st’s total of 18,900 shares. Based on an average daily volume of 100 shares, the short interest rate is currently 204.0 days.

IQE price performance

OTCMKTS IQEPF opened at $0.32 on Tuesday. The company’s 50-day simple moving average is $0.38, and its two-hundred-day simple moving average is $0.35. IQE has a 52-week low of $0.16 and a 52-week high of $0.46.

IQE Company Profile

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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 the photonics market, which includes applications that transmit and detect visible and infrared light, as well as advanced silicon-related semiconductor materials.

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