SATA Technology Co., Ltd. (NASDAQ:SATA) Short Interest Update

SATA Technology Co., Ltd. (NASDAQ:SATA) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 260,572 shares, a decrease of 59.0% from the August 15th total of 635,545 shares. Based on an average trading volume of 356,426 shares, the short-interest ratio is presently 0.7 days.

SATA Technology Price Performance

Shares of SATA opened at $99.75 on Friday. SATA Technology has a fifty-two week low of $79.01 and a fifty-two week high of $101.35.

SATA Technology Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, September 23rd. Investors of record on Tuesday, September 22nd will be given a dividend of $0.0516 per share. The ex-dividend date of this dividend is Tuesday, September 22nd.

Insider Activity

In other news, Director Pierre Rochard bought 15,900 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was acquired at an average price of $12.54 per share, with a total value of $199,386.00. Following the completion of the purchase, the director directly owned 15,900 shares of the company’s stock, valued at $199,386. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.