From MarketBeat:

Short interest in Infineon Technologies AG dropped by 33.7% in December, with 76,500 shares being shorted as of December 15th. This comes after November total short interest was 115,300 shares. Based on an average daily volume of 249,200 shares, the short-interest ratio is 0.3 days.

Infineon Technologies Stock was on the rise, trading up 0.4% at $41.85 per share. It has a market capitalization of $54.65 billion and a price-to-earnings ratio of 16.41. Its 1-year low was $28.83 and the high climbed to $44.46.

In its quarterly earnings, Infineon Technologies reported earnings of $0.71 per share, beating the consensus estimates by $0.08. The company had a return on equity of 22.01% and a net margin of 19.25%. Revenue for the quarter was reported at $4.52 billion.

Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and semiconductor-based solutions worldwide. Its Automotive segment offers various products for use in automotive systems, including safety, comfort, powertrain, and security products.



Read more: Infineon Technologies AG (OTCMKTS:IFNNY) Short Interest Down 33.7% in December