AAC Technologies Holdings Inc. (OTCMKTS:AACAY) Short Interest Up 108.3% in May

AAC Technologies Holdings Inc. (OTCMKTS:AACAYGet Rating) saw a significant growth in short interest in May. As of May 31st, there was short interest totalling 292,200 shares, a growth of 108.3% from the May 15th total of 140,300 shares. Based on an average daily volume of 199,200 shares, the days-to-cover ratio is currently 1.5 days.

Shares of OTCMKTS:AACAY opened at $2.16 on Friday. AAC Technologies has a 12-month low of $1.89 and a 12-month high of $7.65. The stock has a fifty day simple moving average of $2.12 and a two-hundred day simple moving average of $2.90. The company has a current ratio of 1.86, a quick ratio of 1.27 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $2.61 billion, a price-to-earnings ratio of 12.71 and a beta of 1.03.

AAC Technologies (OTCMKTS:AACAYGet Rating) last released its quarterly earnings results on Wednesday, March 23rd. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $752.56 million during the quarter. AAC Technologies had a return on equity of 8.76% and a net margin of 7.44%. As a group, equities research analysts predict that AAC Technologies will post 0.12 EPS for the current year.

AAC Technologies Company Profile (Get Rating)

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. It operates through Acoustics Product, Electromagnetic Drives and Precision Mechanics, Optics Products, and Micro Electro-Mechanical System (MEMS) Components segments.

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