Short Base Still High Before Infineon Earnings

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 (STM) (6.68%), Texas Instruments (TXN) (2.62%), Conexant Systems (CNXT) (0.4%) and Zarlink Semiconductor (ZL) (0.12%).

Infineon is due to announce earnings on July 29th.

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