Short Interest in AIA (OTCMKTS:AAGIY) Drops By 78.0%

Key Points

• AIA experienced a significant drop in short interest, decreasing by 78.0% in August to 46,200 shares from 210,200 shares in July.
• The company recently announced a dividend of $0.2208, with a yield of 229.0%, to be paid on October 3rd to investors of record on September 9th.
• AIA's current stock price is $37.36, with a 1-year trading range between $25.00 and $39.32.

AIA (OTCMKTS:AAGIY - Get Free Report) saw a significant decline in short interest in the month of August. As of August 15th, there was short interest totaling 46,200 shares, adeclineof78.0% from the July 31st total of 210,200 shares. Based on an average daily volume of 310,100 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 310,100 shares, the days-to-cover ratio is presently 0.1 days.

AIA Stock Up 0.0%

OTCMKTS AAGIY traded up $0.01 on Friday, reaching $37.13. The stock had a trading volume of 279,936 shares, compared to its average volume of 167,398. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.33. AIA has a 12-month low of $25.00 and a 12-month high of $39.32. The stock has a fifty day moving average price of $36.87 and a two-hundred day moving average price of $33.39.

AIA Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, October 3rd. Shareholders of record on Tuesday, September 9th will be given a $0.2208 dividend. The ex-dividend date of this dividend is Monday, September 8th. This represents a yield of 229.0%.

AIA Company Profile

AIA Group Limited, together with its subsidiaries, provides life insurance based financial services. The company offers life insurance, accident, and health insurance and savings plans; and employee benefits, credit life, and pension services to corporate clients. It is also involved in the distribution of investment and other financial services products.