Infineon Technologies AG (OTCMKTS:IFNNF) Short Interest Up 5.8% in January

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

Infineon Technologies Stock Performance

Infineon Technologies stock opened at $35.82 on Wednesday. The business has a 50-day simple moving average of $33.79 and a 200 day simple moving average of $33.37. Infineon Technologies has a 52 week low of $29.80 and a 52 week high of $41.79.

Institutional Inflows and Outflows

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

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.