AAC Technologies Holdings Inc. (OTCMKTS:AACAY) Short Interest Down 96.9% in July

AAC Technologies Holdings Inc. (OTCMKTS:AACAY) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 449 shares, a decline of 96.9% from the June 30th total of 14,278 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 23,690 shares, the short-interest ratio is presently 0.0 days.

AAC Technologies Stock Performance

AAC Technologies stock opened at $4.85 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.49 and a debt-to-equity ratio of 0.31. AAC Technologies has a twelve month low of $3.82 and a twelve month high of $6.51. The stock’s fifty day simple moving average is $5.45 and its 200-day simple moving average is $4.93.

About AAC Technologies

AAC Technologies is a leading designer and manufacturer of miniaturized acoustic components and haptic solutions for the global consumer electronics industry. The company’s product portfolio includes micro speakers, receivers, microphones based on micro-electromechanical systems (MEMS), vibration motors and linear resonant actuators, as well as precision camera modules and related optical components. These technologies are widely used in smartphones, tablets, laptops, wearable devices, automotive infotainment systems and Internet-of-Things applications.

Founded in 1993 and headquartered in Shenzhen, China, AAC Technologies has grown into a key supplier for many of the world’s top original equipment manufacturers.