The stock of Ixys Corporation (NASDAQ:IXYS) registered a decrease of 6.32% in short interest. IXYS’s total short interest was 456,900 shares in May as published by FINRA. Its down 6.32% from 487,700 shares, reported previously. With 55,200 shares average volume, it will take short sellers 8 days to cover their IXYS’s short positions. The short interest to Ixys Corporation’s float is 1.85%. The stock increased 4.27% or $0.44 during the last trading session, hitting $10.75. About 63,269 shares traded hands or 4.24% up from the average. IXYS Corporation (NASDAQ:IXYS) has declined 17.69% since October 19, 2015 and is downtrending. It has underperformed by 18.42% the S&P500.

IXYS Corporation is a multi-market integrated semiconductor company. The company has a market cap of $339.41 million. The Firm is engaged in the development, manufacture and marketing of power semiconductors, advanced mixed-signal integrated circuits (ICs), application specific integrated circuits (ASICs), microcontrollers, systems and radio frequency (RF) power semiconductors. It has a 21.36 P/E ratio. The Company’s power semiconductor products are divided into two primary categories: power metal-oxide-silicon (MOS), including power metal-oxide-silicon field-effect transistor (MOSFETs) and insulated-gate bipolar transistors (IGBTs), and power bipolar products, including rectifiers and thyristors.

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