Infineon Technologies AG (OTCMKTS:IFNNY) Sees Significant Increase in Short Interest

Infineon Technologies AG (OTCMKTS:IFNNY) was the recipient of a significant increase in short interest in the month of February. As of February 29th, there was short interest totalling 39,200 shares, an increase of 51.9% from the February 14th total of 25,800 shares. Based on an average daily volume of 292,100 shares, the days-to-cover ratio is presently 0.1 days.

Infineon Technologies Price Performance

Shares of OTCMKTS IFNNY traded down $1.83 during midday trading on Friday, reaching $34.98. 161,152 shares of the company traded hands, compared to its average volume of 244,313. The firm has a market cap of $45.68 billion, a PE ratio of 14.22, a PEG ratio of 3.12 and a beta of 1.99. The stock’s 50-day simple moving average is $36.77 and its 200-day simple moving average is $36.04. Infineon Technologies has a 12 month low of $28.83 and a 12 month high of $44.46. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 1.84.

Infineon Technologies (OTCMKTS:IFNNY) last issued its quarterly earnings data on Tuesday, February 6th. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.04. The company had revenue of $3.99 billion during the quarter. Infineon Technologies had a return on equity of 20.53% and a net margin of 18.66%. As a group, equities analysts anticipate that Infineon Technologies will post 2.22 earnings per share for the current fiscal year.

Infineon Technologies Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 6th. Shareholders of record on Tuesday, February 27th were issued a dividend of $0.2547 per share. The ex-dividend date was Monday, February 26th. This is a boost from Infineon Technologies’s previous dividend of $0.22. Infineon Technologies’s dividend payout ratio (DPR) is presently 10.16%.

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.