Advanced Info Service Public Co. (OTCMKTS:AVIFY) Sees Significant Increase in Short Interest

Key Points

• The short interest in Advanced Info Service Public Co. (OTCMKTS:AVIFY) surged by 400% in August, rising from 100 shares to 500 shares.
• The company's stock price increased by 23.5% and currently trades at $9.95, with a market cap of $29.58 billion.
• Advanced Info Service Public announced a dividend of $0.149, with a substantial yield of 292.0%, to be paid on September 15th.

Advanced Info Service Public Co. (OTCMKTS:AVIFY - Get Free Report) saw a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 500 shares, anincreaseof400.0% from the July 31st total of 100 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 2.5 days. Based on an average daily volume of 200 shares, the short-interest ratio is presently 2.5 days.

Advanced Info Service Public Price Performance

AVIFY remained flat at $9.95 on Friday. The company had a trading volume of 105 shares, compared to its average volume of 2,955. The company has a market capitalization of $29.58 billion, a PE ratio of 26.17 and a beta of 0.34. Advanced Info Service Public has a fifty-two week low of $7.17 and a fifty-two week high of $10.33. The stock's 50 day moving average price is $9.10 and its two-hundred day moving average price is $8.68.

Advanced Info Service Public (OTCMKTS:AVIFY - Get Free Report) last issued its earnings results on Wednesday, August 6th. The technology company reported $0.11 EPS for the quarter, hitting the consensus estimate of $0.11. Advanced Info Service Public had a net margin of 17.92% and a return on equity of 43.92%. The company had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $55.34 billion.

Advanced Info Service Public Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, September 15th. Shareholders of record on Thursday, August 21st will be issued a $0.149 dividend. The ex-dividend date is Wednesday, August 20th. This represents a yield of 292.0%. Advanced Info Service Public's dividend payout ratio is 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.