AAC Technologies Holdings Inc. (OTCMKTS:AACAY) Short Interest Down 22.7% in May

AAC Technologies Holdings Inc. (OTCMKTS:AACAY) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 1,700 shares, a decrease of 22.7% from the April 30th total of 2,200 shares. Based on an average trading volume of 24,600 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

AAC Technologies Price Performance

Shares of AACAY opened at $4.54 on Monday. The business’s fifty day simple moving average is $4.82 and its two-hundred day simple moving average is $5.11. AAC Technologies has a 12 month low of $2.97 and a 12 month high of $6.89. The company has a current ratio of 1.59, a quick ratio of 1.25 and a debt-to-equity ratio of 0.30.

AAC Technologies Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, July 3rd. Investors of record on Wednesday, May 28th will be paid a dividend of $0.0262 per share. This is a boost from AAC Technologies’s previous dividend of $0.01. The ex-dividend date is Tuesday, May 27th. This represents a dividend yield of 0.53%.

About AAC Technologies

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.