What’s Next for IQE PLC ORDINARY SHARES (OTCMKTS:IQEPF) After Having Less Shares Shorted?

The stock of IQE PLC ORDINARY SHARES (OTCMKTS:IQEPF) registered a decrease of 1.9% in short interest. IQEPF’s total short interest was 8.18M shares in February as published by FINRA. Its down 1.9% from 8.34M shares, reported previously. With 500 shares average volume, it will take short sellers 16359 days to cover their IQEPF’s short positions.

It closed at $0.85 lastly. It is down 0.00% since February 14, 2018 and is . It has by 0.00% the S&P500.

IQE plc develops, manufactures, and sells advanced semiconductor materials worldwide. The company has market cap of $667.96 million. The firm operates through Wireless, Photonics, Infra Red, and CMOS++ divisions. It has a 50 P/E ratio. It makes compound semiconductor wafers or epiwafers using epitaxy process; and offers various products, including HBTs, pHEMTs, BiFETs/BiHEMTs, HFETs, LMHEMTs, LNHEMTs, and MESFETs for use in wireless devices, such as mobile phones, smartphones, mobile networks, Wi-Fi, smart metering, satellite navigation, and a plethora of connected devices.

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More recent IQE plc (OTCMKTS:IQEPF) news were published by: Seekingalpha.com which released: “IQE: Follow-Up And Upcoming Catalysts – Seeking Alpha” on August 22, 2018. Also Seekingalpha.com published the news titled: “IQE: The Second Coming – IQE Plc (OTCMKTS:IQEPF) – Seeking Alpha” on July 22, 2018. Seekingalpha.com‘s news article titled: “IQE Plc A Focus On Photonics/VCSELS – Seeking Alpha” with publication date: March 09, 2017 was also an interesting one.