Short Interest in AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) Declines By 50.3%

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 336,800 shares, a drop of 50.3% from the September 15th total of 678,200 shares. Based on an average daily volume of 700,200 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 700,200 shares, the short-interest ratio is currently 0.5 days.

AUO Stock Performance

OTCMKTS AUOTY opened at $4.51 on Monday. The company’s fifty day simple moving average is $4.66 and its 200-day simple moving average is $5.00. The stock has a market cap of $3.47 billion, a P/E ratio of -17.35 and a beta of 0.47. AUO has a 52 week low of $3.99 and a 52 week high of $6.40.

AUO Cuts Dividend

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

AUO 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.