Anta Sports Products Ltd. (OTCMKTS:ANPDF) Short Interest Up 112.7% in August

Key Points

• Anta Sports Products Ltd. experienced a significant increase in short interest, rising 112.7% to a total of 1,434,400 shares by August 31st.
• The company announced a dividend increase, moving from $1.18 to $1.37 per share, which will be paid on September 23rd, resulting in an impressive dividend yield of 258.0%.
• Currently, shares are trading around $13.00, with a 12-month high of $13.97 and a low of $9.10 recorded this past year.

Anta Sports Products Ltd. (OTCMKTS:ANPDF - Get Free Report) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 1,434,400 shares, a growth of 112.7% from the August 15th total of 674,300 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 3,586.0 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 400 shares, the short-interest ratio is currently 3,586.0 days.

Anta Sports Products Stock Performance

OTCMKTS ANPDF remained flat at $13.00 during trading hours on Friday. The company's stock had a trading volume of 4 shares, compared to its average volume of 2,017. The stock has a 50 day moving average price of $12.51 and a 200-day moving average price of $11.79. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.46. Anta Sports Products has a 52 week low of $9.10 and a 52 week high of $13.97.

Anta Sports Products Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 10th will be issued a dividend of $1.37 per share. This is an increase from Anta Sports Products's previous dividend of $1.18. This represents a yield of 258.0%. The ex-dividend date is Tuesday, September 9th.

Anta Sports Products Company Profile

ANTA Sports Products Limited, together with its subsidiaries, engages in the research and development, design, manufacturing, and marketing of shoes, apparel, and accessories in the Mainland of China, Hong Kong, Macao, and internationally. The company's products portfolio includes running, cross-training, basketball, professional competition, training, physical education classes, outdoor sports, triathlon, golf, skiing, camping, hiking, urban outdoor, tennis, and other sports under the FILA, FILA KIDS, FILA FUSION, AMER, KOLON SPORT, ANTA, DESCENTE, and ANTA KIDS brands.