Infineon Technologies AG (OTCMKTS:IFNNF) Short Interest Up 9.4% in September

Infineon Technologies AG (OTCMKTS:IFNNF) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 2,838,000 shares, an increase of 9.4% from the September 15th total of 2,594,600 shares. Based on an average daily trading volume, of 1,200 shares, the short-interest ratio is currently 2,365.0 days.

Infineon Technologies Stock Down 1.9 %

IFNNF traded down $0.64 during trading on Wednesday, hitting $33.30. The company’s stock had a trading volume of 4,116 shares, compared to its average volume of 6,887. Infineon Technologies has a one year low of $28.94 and a one year high of $42.41. The business’s 50 day simple moving average is $33.81 and its 200-day simple moving average is $35.91.

About Infineon Technologies

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.