Short Interest in AAC Technologies Holdings Inc. (OTCMKTS:AACAY) Decreases By 22.7%

AAC Technologies Holdings Inc. (OTCMKTS:AACAY - Get Free Report) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 1,700 shares, a drop of 22.7% from the April 30th total of 2,200 shares. Based on an average trading volume of 24,600 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

AAC Technologies Stock Down 2.3%

AAC Technologies stock traded down $0.11 during mid-day trading on Thursday, reaching $4.59. 1,823 shares of the company were exchanged, compared to its average volume of 10,247. AAC Technologies has a twelve month low of $3.02 and a twelve month high of $6.89. The firm's 50-day simple moving average is $4.73 and its two-hundred day simple moving average is $5.11. The company has a quick ratio of 1.25, a current ratio of 1.59 and a debt-to-equity ratio of 0.30.

AAC Technologies Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Wednesday, May 28th will be paid a dividend of $0.0262 per share. This represents a dividend yield of 0.53%. This is an increase from AAC Technologies's previous dividend of $0.01. The ex-dividend date is Tuesday, May 27th.

AAC Technologies Company Profile

AAC Technologies Holdings Inc, an investment holding company, provides solutions for smart devices in Mainland China, Hong Kong Special Administrative Region of the People's Republic of China, Taiwan, other Asian countries, the United States, and Europe. The company operates through Acoustics Product, Electromagnetic Drives and Precision Mechanics, Optics Products, Sensor and Semiconductor Products, and other products segments.