AAC Technologies Holdings Inc. (OTCMKTS:AACAY – Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 700 shares, an increase of 250.0% from the June 30th total of 200 shares. Based on an average daily volume of 3,400 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.
AAC Technologies Price Performance
Shares of AACAY stock opened at $5.11 on Thursday. The company’s 50-day simple moving average is $4.97 and its two-hundred day simple moving average is $5.22. AAC Technologies has a one year low of $3.09 and a one year high of $6.89. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.18 and a current ratio of 1.45.
AAC Technologies Increases Dividend
The company also recently disclosed a dividend, which was paid on Thursday, July 3rd. Investors of record on Wednesday, May 28th were paid a $0.0262 dividend. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a yield of 0.53%. This is a boost from AAC Technologies’s previous dividend of $0.01.
AAC Technologies Company Profile
AAC Technologies Holdings Inc, an investment holding company, provides solutions for smart devices in Mainland China, Hong Kong Special Administrative Region of the People's Republic of China, Taiwan, other Asian countries, the United States, and Europe. The company operates through Acoustics Product, Electromagnetic Drives and Precision Mechanics, Optics Products, Sensor and Semiconductor Products, and other products segments.
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