Infineon Technologies AG (OTCMKTS:IFNNF) Sees Significant Decline in Short Interest

Infineon Technologies AG (OTCMKTS:IFNNF) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 2,795,400 shares, a decrease of 6.1% from the July 15th total of 2,977,600 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 1,747.1 days.

Infineon Technologies Trading Up 0.6 %

IFNNF opened at $35.00 on Wednesday. Infineon Technologies has a twelve month low of $28.94 and a twelve month high of $42.41. The company has a fifty day moving average of $36.04 and a 200-day moving average of $36.40.

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.