Advanced Info Service Public Co. (OTCMKTS:AVIFY) Shares Shorted: Short Interest Down 76.7% in September

Advanced Info Service Public Co. (OTCMKTS:AVIFY) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 2,811 shares, a drop of 76.7% from the August 31st total of 12,052 shares. Based on an average daily volume of 35,310 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Advanced Info Service Public Stock Performance

Shares of OTCMKTS AVIFY traded down $0.33 during trading hours on Monday, reaching $9.85. The stock had a trading volume of 359 shares, compared to its average volume of 4,626. The company has a market cap of $29.29 billion, a price-to-earnings ratio of 17.59 and a beta of 0.04. Advanced Info Service Public has a twelve month low of $7.85 and a twelve month high of $13.41. The business’s fifty day moving average is $11.05 and its two-hundred day moving average is $11.17. The company has a debt-to-equity ratio of 2.37, a current ratio of 0.40 and a quick ratio of 0.36.

Advanced Info Service Public (OTCMKTS:AVIFY) last posted its quarterly earnings results on Friday, August 7th. The technology company reported $0.14 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.14. Advanced Info Service Public had a net margin of 23.42% and a return on equity of 57.49%. The firm had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.70 billion.

Advanced Info Service Public Company Profile

Advanced Info Service Public Company Limited (OTCMKTS:AVIFY), commonly known as AIS, is a Thailand-based telecommunications company. It provides mobile communications services, including voice and data connectivity, through nationwide cellular networks supporting technologies such as 4G and 5G.

The company also offers fixed broadband internet under the AIS Fibre brand, as well as digital entertainment and related consumer services. For businesses and organizations, AIS provides enterprise connectivity, information and communications technology solutions, cloud services, data center services, and other digital solutions.

AIS was established in Thailand in 1986 and has developed into one of the country’s leading telecommunications providers.