Short Base Still High Before Infineon Earnings

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 |  Includes: CNXT-RETIRED, IFNNY, STM, TXN, ZLKKF
by: Data Explorers

Since April 23rd, 2009 the short base (as measured by percent shares outstanding on loan) for Infineon Technologies (IFX) has steadily risen and hit a new 52 week high last week of 18%. Since hitting this high the short base has dropped but is still considerably higher than ST Microelectronics (NYSE:STM) (6.68%), Texas Instruments (NASDAQ:TXN) (2.62%), Conexant Systems (NASDAQ:CNXT-RETIRED) (0.4%) and Zarlink Semiconductor (ZL) (0.12%).

Infineon is due to announce earnings on July 29th.

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