Himax Technologies, Inc. (HIMX) Short Interest Down 10.1% in November
Himax Technologies, Inc. (NASDAQ:HIMX) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 27,455,942 shares, a decrease of 10.1% from the November 15th total of 30,552,223 shares. Based on an average trading volume of 8,113,297 shares, the short-interest ratio is currently 3.4 days.
Shares of Himax Technologies (NASDAQ:HIMX) opened at $10.36 on Thursday. Himax Technologies has a 1-year low of $4.88 and a 1-year high of $13.95. The stock has a market cap of $1,869.05, a PE ratio of 181.00, a P/E/G ratio of 2.61 and a beta of 0.85.
HIMX has been the subject of a number of research analyst reports. Mizuho cut shares of Himax Technologies from a “buy” rating to a “neutral” rating in a research report on Wednesday, October 11th. Roth Capital reaffirmed a “buy” rating and set a $10.00 target price on shares of Himax Technologies in a report on Tuesday, September 5th. Morgan Stanley lowered shares of Himax Technologies from an “overweight” rating to an “equal weight” rating and set a $12.00 target price for the company. in a report on Monday, November 27th. Vetr raised shares of Himax Technologies from a “strong sell” rating to a “strong-buy” rating and set a $14.98 target price for the company in a report on Tuesday, November 28th. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of Himax Technologies in a report on Sunday, October 22nd. Three analysts have rated the stock with a sell rating, six have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $10.40.
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About Himax Technologies
Himax Technologies, Inc is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products.
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