AAC Technologies Holdings Inc. (OTCMKTS:AACAY) Short Interest Update

AAC Technologies Holdings Inc. (OTCMKTS:AACAY) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 23,000 shares, an increase of 1,337.5% from the February 29th total of 1,600 shares. Based on an average trading volume of 17,800 shares, the short-interest ratio is presently 1.3 days.

AAC Technologies Trading Up 3.2 %

Shares of OTCMKTS:AACAY opened at $3.24 on Friday. The business’s 50-day moving average is $2.52 and its 200 day moving average is $2.32. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.96 and a quick ratio of 1.55. AAC Technologies has a 1 year low of $1.58 and a 1 year high of $3.31. The firm has a market capitalization of $3.88 billion, a P/E ratio of 29.46 and a beta of 1.28.

About AAC Technologies

AAC Technologies Holdings Inc, an investment holding company, provides solutions for smart devices in Mainland China, Hong Kong Special Administrative Region of the People's Republic of China, Taiwan, other Asian countries, the United States, and Europe. The company operates through Acoustics Product, Electromagnetic Drives and Precision Mechanics, Optics Products, Sensor and Semiconductor Products, and other products segments.