Anta Sports Products Ltd. (OTCMKTS:ANPDF) Short Interest Update

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 - ) saw a large growth in short interest in the month of 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 daily trading volume, of 400 shares, the short-interest ratio is currently 3,586.0 days. Currently, 0.1% of the company's shares are sold short. Currently, 0.1% of the company's shares are sold short. Based on an average daily trading volume, of 400 shares, the short-interest ratio is currently 3,586.0 days.

Anta Sports Products Stock Performance

Shares of ANPDF stock opened at $13.00 on Friday. Anta Sports Products has a 12-month low of $9.10 and a 12-month high of $13.97. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.46. The firm has a fifty day moving average of $12.49 and a 200-day moving average of $11.74.

Anta Sports Products Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Wednesday, September 10th will be issued a $1.37 dividend. This is a positive change from Anta Sports Products's previous dividend of $1.18. The ex-dividend date of this dividend is Tuesday, September 9th. This represents a dividend yield of 258.0%.

About Anta Sports Products

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.