Short Interest in Infineon Technologies AG (OTCMKTS:IFNNF) Expands By 45.6%

Infineon Technologies AG (OTCMKTS:IFNNF) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 4,047,200 shares, an increase of 45.6% from the January 15th total of 2,780,300 shares. Based on an average daily volume of 34,000 shares, the short-interest ratio is presently 119.0 days.

Institutional Investors Weigh In On Infineon Technologies

An institutional investor recently bought a new position in Infineon Technologies stock. Eagle Bay Advisors LLC bought a new stake in Infineon Technologies AG (OTCMKTS:IFNNF) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,100 shares of the company’s stock, valued at approximately $39,000. 44.76% of the stock is owned by hedge funds and other institutional investors.

Infineon Technologies Trading Down 0.4 %

OTCMKTS:IFNNF opened at $39.03 on Friday. The business’s 50-day simple moving average is $34.63 and its 200-day simple moving average is $33.59. Infineon Technologies has a fifty-two week low of $29.80 and a fifty-two week high of $41.79.

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.