Advanced Info Service Public Co. (OTCMKTS:AVIFY) Short Interest Down 98.3% in September

Key Points

• Advanced Info Service Public Co. experienced a significant decrease in short interest of 98.3% in September, dropping from 523,400 shares to just 8,700 shares.
• The company recently declared a dividend of $0.149, yielding 292.0%, despite a payout ratio of 78.95%.
• Advanced Info Service Public's stock price is currently at $10.30, with a market capitalization of $30.63 billion and a 52-week high of $10.61.

Advanced Info Service Public Co. (OTCMKTS:AVIFY - Get Free Report) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 8,700 shares, a decline of 98.3% from the September 15th total of 523,400 shares. Based on an average daily trading volume, of 4,300 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily trading volume, of 4,300 shares, the days-to-cover ratio is presently 2.0 days.

Advanced Info Service Public Stock Down 0.1%

Shares of Advanced Info Service Public stock traded down $0.01 on Thursday, reaching $10.30. The company's stock had a trading volume of 50,797 shares, compared to its average volume of 4,078. The company has a market capitalization of $30.63 billion, a P/E ratio of 27.11 and a beta of 0.27. Advanced Info Service Public has a 52-week low of $7.17 and a 52-week high of $10.61. The stock has a 50-day moving average price of $9.45 and a 200-day moving average price of $8.96.

Advanced Info Service Public (OTCMKTS:AVIFY - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The technology company reported $0.11 EPS for the quarter, meeting analysts' consensus estimates of $0.11. The business had revenue of $1.73 billion during the quarter, compared to analysts' expectations of $55.34 billion. Advanced Info Service Public had a return on equity of 42.28% and a net margin of 17.92%.

Advanced Info Service Public Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, September 15th. Stockholders of record on Thursday, August 21st were paid a $0.149 dividend. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a dividend yield of 292.0%. Advanced Info Service Public's payout ratio is currently 78.95%.

Advanced Info Service Public Company Profile

Advanced Info Service Public Company Limited, together its subsidiaries, provides communication products and services primarily in Thailand. It is involved in the operation of cellular telephone networks, networks, and telecommunication and internet services. The company also distributes handsets; cash cards and electronic payment services; and internet equipment.

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