AAC Technologies Holdings Inc. (OTCMKTS:AACAY) Sees Large Decrease in Short Interest

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

AAC Technologies Stock Down 1.6%

AAC Technologies stock traded down $0.08 during trading on Friday, reaching $4.85. 6,873 shares of the company were exchanged, compared to its average volume of 8,490. The stock’s 50 day simple moving average is $5.46 and its two-hundred day simple moving average is $4.93. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.19 and a current ratio of 1.49. AAC Technologies has a 52-week low of $3.82 and a 52-week high of $6.51.

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.