Short Interest in Advanced Info Service Public Company Limited (OTCMKTS:AVIFY) Declines By 50.0%

Advanced Info Service Public Company Limited (OTCMKTS:AVIFY) experienced a notable reduction in short interest throughout February. As recorded on February 15th, short interest dropped to 100 shares, marking a decrease of 50.0% from the 200 shares reported on January 31st. With an average daily trading volume of 400 shares, the current short-interest ratio stands at 0.3 days.

Advanced Info Service Public Price Performance

On Friday, shares of OTCMKTS AVIFY increased by $0.93, reaching a price of $8.17. The trading volume for the day was 375 shares, outpacing the average volume of 337 shares. The stock's 50-day moving average is $8.76, while the 200-day moving average is $8.21. The company's market capitalization is approximately $24.30 billion, and it has a price-to-earnings ratio of 24.76, with a beta of 0.33. Over the past year, Advanced Info Service Public's stock has recorded a low of $5.10 and a high of $9.60. The firm also holds a debt-to-equity ratio of 0.67, alongside a current ratio of 0.31 and a quick ratio of 0.29.

Advanced Info Service Public recently released its earnings results on February 7th. The technology company reported earnings per share (EPS) of $0.09 for the quarter, surpassing analysts' expectations of $0.08 by $0.01. The company achieved a return on equity of 40.28% and reported a net margin of 16.42%.

Advanced Info Service Public Increases Dividend

Furthermore, the company has declared a new dividend set to be paid on April 21st. Shareholders on record as of February 21st will receive a dividend of $0.1694, which represents an increase from the previous dividend of $0.11. The ex-dividend date is also set for February 21st, and Advanced Info Service Public's dividend payout ratio is 72.73%.

About Advanced Info Service Public

Advanced Info Service Public Company Limited, along with its subsidiaries, primarily provides communication products and services in Thailand. The company operates cellular telephone networks and offers telecommunication and internet services. Additionally, it distributes handsets, cash cards, electronic payment services, and internet equipment.

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