Infineon Technologies AG (OTCMKTS:IFNNF) Short Interest Up 10.1% in November

Infineon Technologies AG (OTCMKTS:IFNNF) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 2,774,200 shares, an increase of 10.1% from the November 15th total of 2,520,100 shares. Based on an average trading volume of 7,200 shares, the short-interest ratio is currently 385.3 days.

Infineon Technologies Stock Performance

OTCMKTS IFNNF traded down $1.38 on Friday, reaching $34.06. The stock had a trading volume of 820 shares, compared to its average volume of 6,506. Infineon Technologies has a 1-year low of $29.80 and a 1-year high of $42.41. The firm has a fifty day moving average of $32.55 and a two-hundred day moving average of $34.69.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Infineon Technologies stock. Eagle Bay Advisors LLC bought a new position in Infineon Technologies AG (OTCMKTS:IFNNF) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,100 shares of the company’s stock, valued at approximately $39,000. 44.76% of the stock is owned by institutional investors.

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.