AAC Technologies Holdings Inc. (OTCMKTS:AACAY) Short Interest Update

Key Points

• AAC Technologies Holdings Inc. experienced a significant increase in short interest, rising by 250.0% in July, with total short interest reaching 700 shares.
• The company's stock was trading at $5.27, reflecting a modest trading volume compared to its average, and it has a debt-to-equity ratio of 0.33.
• AAC Technologies has increased its dividend to $0.0262 per share, up from the previous dividend of $0.01, resulting in a yield of 0.53%.

AAC Technologies Holdings Inc. (OTCMKTS:AACAY - Get Free Report) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 700 shares, agrowthof250.0% from the June 30th total of 200 shares. Based on an average trading volume of 3,400 shares, the days-to-cover ratio is currently 0.2 days. Currently,0.0% of the company's shares are sold short. Currently,0.0% of the company's shares are sold short. Based on an average trading volume of 3,400 shares, the days-to-cover ratio is currently 0.2 days.

AAC Technologies Price Performance

AAC Technologies stock traded down $0.06 during midday trading on Friday, reaching $5.03. 7,360 shares of the stock traded hands, compared to its average volume of 2,420. The company has a 50-day simple moving average of $4.98 and a two-hundred day simple moving average of $5.23. AAC Technologies has a 12-month low of $3.09 and a 12-month high of $6.89. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.18 and a current ratio of 1.45.

AAC Technologies Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, July 3rd. Investors of record on Wednesday, May 28th were issued a dividend of $0.0262 per share. This is a positive change from AAC Technologies's previous dividend of $0.01. The ex-dividend date was Tuesday, May 27th. This represents a yield of 53.0%.

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.