AAC Technologies Holdings Inc. (OTCMKTS:AACAY – Get Free Report) was the recipient of a large 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. Based on an average trading volume of 23,690 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.
AAC Technologies Price Performance
AAC Technologies stock traded down $0.08 during midday trading on Friday, reaching $4.85. 6,873 shares of the stock traded hands, compared to its average volume of 8,490. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.19 and a current ratio of 1.49. The company has a 50-day simple moving average of $5.46 and a two-hundred day simple moving average of $4.93. AAC Technologies has a 12-month low of $3.82 and a 12-month high of $6.51.
AAC Technologies Company Profile
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.
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