Advanced Info Service Public Co. (OTCMKTS:AVIFY) Short Interest Down 98.3% in September

Advanced Info Service Public Co. (OTCMKTS:AVIFY) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 8,700 shares, a decrease of 98.3% from the September 15th total of 523,400 shares. Based on an average daily volume of 4,300 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily volume of 4,300 shares, the days-to-cover ratio is presently 2.0 days.

Advanced Info Service Public Price Performance

OTCMKTS:AVIFY opened at $10.30 on Friday. The company has a market capitalization of $30.63 billion, a price-to-earnings ratio of 27.11 and a beta of 0.27. The business has a 50 day moving average of $9.45 and a 200 day moving average of $8.96. Advanced Info Service Public has a 1-year low of $7.17 and a 1-year high of $10.61.

Advanced Info Service Public (OTCMKTS:AVIFY) last released its earnings results on Wednesday, August 6th. The technology company reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. The company had revenue of $1.73 billion for the quarter, compared to analyst estimates of $55.34 billion. Advanced Info Service Public had a net margin of 17.92% and a return on equity of 42.28%.

Advanced Info Service Public Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 15th. Stockholders of record on Thursday, August 21st were issued a $0.149 dividend. The ex-dividend date was Wednesday, August 20th. This represents a dividend yield of 292.0%. Advanced Info Service Public’s payout ratio is currently 78.95%.

Advanced Info Service Public Company Profile

Advanced Info Service Public Company Limited, together its subsidiaries, provides communication products and services primarily in Thailand. It is involved in the operation of cellular telephone networks, networks, and telecommunication and internet services. The company also distributes handsets; cash cards and electronic payment services; and internet equipment.