AAC Technologies Holdings Inc. (OTCMKTS:AACAY) Short Interest Up 42.9% in July

AAC Technologies Holdings Inc. (OTCMKTS:AACAY) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 1,000 shares, anincreaseof42.9% from the July 15th total of 700 shares. Based on an average daily trading volume, of 5,600 shares, the days-to-cover ratio is presently 0.2 days. Approximately0.0% of the shares of the company are sold short. Approximately0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 5,600 shares, the days-to-cover ratio is presently 0.2 days.

AAC Technologies Trading Up 6.7%

AAC Technologies stock opened at $6.41 on Tuesday. The business has a 50 day moving average price of $5.17 and a two-hundred day moving average price of $5.29. The company has a quick ratio of 1.18, a current ratio of 1.45 and a debt-to-equity ratio of 0.33. AAC Technologies has a 12 month low of $3.54 and a 12 month high of $6.89.

AAC Technologies Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, July 3rd. Investors of record on Wednesday, May 28th were given a dividend of $0.0262 per share. This is an increase from AAC Technologies’s previous dividend of $0.01. The ex-dividend date was Tuesday, May 27th. This represents a dividend yield of 53.0%.

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.