AU Optronics Corp (OTCMKTS:AUOTY) Short Interest Down 27.6% in August

Key Points

• AU Optronics Corp experienced a significant drop in short interest of 27.6% in August, bringing the total short interest to 629,800 shares.
• The company's stock rose by 3.0%, trading at $4.69 with a market capitalization of $3.61 billion.
• AU Optronics announced a dividend payment of $0.0837 per share, resulting in a remarkable dividend yield of 189.0%.

AU Optronics Corp (OTCMKTS:AUOTY - Get Free Report) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 629,800 shares, a decrease of 27.6% from the August 15th total of 870,400 shares. Based on an average daily volume of 146,000 shares, the days-to-cover ratio is presently 4.3 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 146,000 shares, the days-to-cover ratio is presently 4.3 days.

AU Optronics Trading Down 1.1%

AUOTY stock traded down $0.05 during trading on Friday, hitting $4.61. The company had a trading volume of 977,362 shares, compared to its average volume of 154,971. The business has a 50 day moving average of $4.57 and a 200 day moving average of $4.99. The firm has a market capitalization of $3.55 billion, a price-to-earnings ratio of -17.73 and a beta of 0.45. AU Optronics has a fifty-two week low of $3.99 and a fifty-two week high of $6.40.

AU Optronics Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, September 8th. Stockholders of record on Thursday, August 7th were given a dividend of $0.0837 per share. The ex-dividend date was Wednesday, August 6th. This represents a dividend yield of 189.0%.

AU Optronics Company Profile

AUO Corporation researches, develops, produces, and sells thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays for various applications. It operates through two segments, Display and Energy. The company designs, manufactures, and sells ingots, solar wafers, and solar modules, as well as provides technical engineering and maintenance services for solar system projects.