Short Interest in AAC Technologies Holdings Inc. (OTCMKTS:AACAY) Declines By 82.4%

AAC Technologies Holdings Inc. (OTCMKTS:AACAY - Get Free Report) was the target of a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 300 shares, a decline of 82.4% from the May 15th total of 1,700 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 3,900 shares, the short-interest ratio is currently 0.1 days.

AAC Technologies Stock Down 1.6%

AACAY stock traded down $0.08 during trading on Friday, reaching $4.85. 1,163 shares of the stock traded hands, compared to its average volume of 9,830. The business's 50 day moving average price is $4.69 and its 200-day moving average price is $5.15. AAC Technologies has a 52-week low of $3.09 and a 52-week high of $6.89. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.59 and a quick ratio of 1.25.

AAC Technologies Increases Dividend

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

About AAC Technologies

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.