Anta Sports Products Ltd. (OTCMKTS:ANPDF) Short Interest Down 37.3% in August

Key Points

• Short interest in Anta Sports Products Ltd. declined by 37.3% in August, falling from 1,075,900 shares to 674,300 shares.
• The company announced a dividend increase to $1.37, set to be paid on September 23rd, with a yield of 258.0%.
• Anta Sports' shares opened at $12.65 and have traded between a 1-year low of $9.10 and a high of $13.97.

Anta Sports Products Ltd. (OTCMKTS:ANPDF - Get Free Report) saw a large decline in short interest during the month of August. As of August 15th, there was short interest totaling 674,300 shares, adeclineof37.3% from the July 31st total of 1,075,900 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 613.0 days. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 613.0 days.

Anta Sports Products Stock Up 2.8%

Shares of Anta Sports Products stock traded up $0.35 during midday trading on Monday, hitting $13.00. 414 shares of the company traded hands, compared to its average volume of 336. The company has a current ratio of 1.84, a quick ratio of 1.46 and a debt-to-equity ratio of 0.18. The firm's fifty day moving average price is $12.38 and its 200-day moving average price is $11.68. Anta Sports Products has a 12 month low of $9.10 and a 12 month high of $13.97.

Anta Sports Products Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, September 23rd. Investors of record on Wednesday, September 10th will be issued a dividend of $1.37 per share. This is a boost 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.