Short Interest in Advanced Info Service Public Co. (OTCMKTS:AVIFY) Declines By 80.0%

Key Points

• Short interest in Advanced Info Service Public Co. dropped by 80.0%, decreasing from 500 to 100 shares as of August 31st.
• The company reported a net margin of 17.92% and earnings per share (EPS) of $0.11 for the last quarter, meeting analyst expectations.
• Advanced Info Service announced a dividend yield of 292.0%, with a payout of $0.149 per share scheduled for September 15th.

Advanced Info Service Public Co. (OTCMKTS:AVIFY - Get Free Report) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 100 shares, a decline of 80.0% from the August 15th total of 500 shares. Approximately 0.0% of the company's stock are sold short. Based on an average trading volume of 7,500 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 7,500 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's stock are sold short.

Advanced Info Service Public Stock Up 6.0%

AVIFY stock traded up $0.59 during mid-day trading on Wednesday, reaching $10.45. 193 shares of the company traded hands, compared to its average volume of 8,621. The firm's 50 day moving average price is $9.22 and its 200 day moving average price is $8.71. The stock has a market cap of $31.08 billion, a price-to-earnings ratio of 27.50 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 $10.45.

Advanced Info Service Public (OTCMKTS:AVIFY - Get Free Report) last posted its earnings results on Wednesday, August 6th. The technology company reported $0.11 earnings per share for the quarter, meeting analysts' consensus estimates of $0.11. The company had revenue of $1.73 billion for the quarter, compared to analyst estimates of $55.34 billion. Advanced Info Service Public had a return on equity of 42.28% and a net margin of 17.92%.

Advanced Info Service Public Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 15th. Shareholders of record on Thursday, August 21st were paid a dividend of $0.149 per share. The ex-dividend date was Wednesday, August 20th. This represents a yield of 292.0%. Advanced Info Service Public's dividend payout ratio (DPR) 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.