AAC Technologies Holdings Inc. (OTCMKTS:AACAY) Short Interest Up 250.0% in July

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 - ) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 700 shares, a growth of 250.0% from the June 30th total of 200 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 3,400 shares, the short-interest ratio is currently 0.2 days.

AAC Technologies Stock Performance

Shares of AACAY traded up $0.27 during trading hours on Tuesday, reaching $5.27. 2,918 shares of the company traded hands, compared to its average volume of 8,520. The company has a quick ratio of 1.18, a current ratio of 1.45 and a debt-to-equity ratio of 0.33. AAC Technologies has a fifty-two week low of $3.09 and a fifty-two week high of $6.89. The stock has a fifty day simple moving average of $4.96 and a 200 day simple moving average of $5.23.

AAC Technologies Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, July 3rd. Stockholders of record on Wednesday, May 28th were issued a $0.0262 dividend. 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 was 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.

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