Infineon Technologies AG (OTCMKTS:IFNNF) Sees Large Increase in Short Interest

Infineon Technologies AG (OTCMKTS:IFNNF) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 2,830,300 shares, an increase of 5.8% from the December 15th total of 2,673,900 shares. Based on an average trading volume of 14,600 shares, the short-interest ratio is currently 193.9 days.

Institutional Investors Weigh In On Infineon Technologies

An institutional investor recently bought a new position in Infineon Technologies stock. Eagle Bay Advisors LLC acquired a new position in shares of Infineon Technologies AG (OTCMKTS:IFNNF) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,100 shares of the company’s stock, valued at approximately $39,000. Institutional investors own 44.76% of the company’s stock.

Infineon Technologies Stock Performance

Shares of Infineon Technologies stock opened at $34.25 on Tuesday. The business has a 50-day moving average of $33.03 and a 200 day moving average of $33.62. Infineon Technologies has a 12 month low of $29.80 and a 12 month high of $41.79.

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.