Infineon Technologies AG (OTCMKTS:IFNNF) Short Interest Down 18.2% in June

Infineon Technologies AG (OTCMKTS:IFNNF) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totalling 3,641,800 shares, a decline of 18.2% from the June 15th total of 4,450,600 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is presently 4,046.4 days.

Infineon Technologies Stock Performance

IFNNF remained flat at $38.50 during trading on Tuesday. Infineon Technologies has a twelve month low of $28.94 and a twelve month high of $44.10. The firm’s fifty day simple moving average is $39.17 and its two-hundred day simple moving average is $37.09.

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.