Short Interest in AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) Declines By 50.3%

AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 336,800 shares, a decrease of 50.3% from the September 15th total of 678,200 shares. Based on an average trading volume of 700,200 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 700,200 shares, the days-to-cover ratio is presently 0.5 days.

AUO Price Performance

Shares of AUO stock opened at $4.39 on Wednesday. The firm’s fifty day simple moving average is $4.67 and its 200-day simple moving average is $4.99. AUO has a 12 month low of $3.99 and a 12 month high of $6.40. The stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of -16.88 and a beta of 0.47.

AUO Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 8th. Shareholders of record on Thursday, August 7th were paid a $0.0837 dividend. The ex-dividend date was Wednesday, August 6th. This represents a yield of 189.0%.

AUO Company Profile

AUO Corporation researches, develops, produces, and sells thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays for various applications. It operates through two segments, Display and Energy. The company designs, manufactures, and sells ingots, solar wafers, and solar modules, as well as provides technical engineering and maintenance services for solar system projects.