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

AAC Technologies Holdings Inc. (OTCMKTS:AACAY) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 23,000 shares, a growth of 1,337.5% from the February 29th total of 1,600 shares. Based on an average daily volume of 17,800 shares, the days-to-cover ratio is currently 1.3 days.

AAC Technologies Stock Up 3.6 %

AACAY stock opened at $3.14 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.96 and a quick ratio of 1.55. The firm has a market cap of $3.76 billion, a PE ratio of 28.55 and a beta of 1.28. AAC Technologies has a 12 month low of $1.58 and a 12 month high of $3.19. The firm has a 50 day simple moving average of $2.50 and a 200 day simple moving average of $2.31.

AAC Technologies Company Profile

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.