Short Interest in Infineon Technologies AG (OTCMKTS:IFNNF) Expands By 17.2%

Infineon Technologies AG (OTCMKTS:IFNNFGet Free Report) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 1,889,500 shares, an increase of 17.2% from the December 31st total of 1,612,600 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is presently 1,889.5 days.

Infineon Technologies Trading Down 4.2 %

IFNNF stock opened at $36.22 on Wednesday. The company’s 50 day simple moving average is $38.99 and its 200-day simple moving average is $36.53. Infineon Technologies has a 12 month low of $28.94 and a 12 month high of $44.10.

About Infineon Technologies

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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.

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