Significant Decline in Short Interest for Advanced Info Service Public Company Limited

Advanced Info Service Public Company Limited (OTCMKTS:AVIFY) experienced a notable reduction in short interest during February. As of February 15th, the short interest stood at just 100 shares, marking a decrease of 50.0% from the 200 shares reported on January 31st. Given the average daily trading volume of 400 shares, the current short-interest ratio is approximately 0.3 days.

Advanced Info Service Public Price Performance

On Friday, shares of OTCMKTS AVIFY rose by $0.93, reaching a price of $8.17. The trading volume for the day was 375 shares, which is higher than the average volume of 337 shares. The stock has a 50-day moving average of $8.76 and a 200-day moving average of $8.21. Advanced Info Service Public has a market capitalization of $24.30 billion, with a price-to-earnings ratio of 24.76 and a beta of 0.33. The company recorded a 12-month low of $5.10 and a 12-month high of $9.60. Its debt-to-equity ratio is 0.67, while the current and quick ratios are 0.31 and 0.29, respectively.

In recent earnings results announced on February 7th, the company reported earnings per share (EPS) of $0.09 for the quarter, outperforming analysts’ expectations, which were set at $0.08. Advanced Info Service Public also achieved a return on equity of 40.28% and a net margin of 16.42%.

Advanced Info Service Public Announces Dividend Increase

The company has also declared a dividend scheduled for payment on April 21st. Shareholders on record as of February 21st will receive a dividend of $0.1694, an increase from the previous dividend of $0.11. The ex-dividend date is set for February 21st. Currently, the company’s dividend payout ratio stands at 72.73%.

Overview of Advanced Info Service Public

Advanced Info Service Public Company Limited is engaged in providing communication products and services mainly in Thailand. The company operates cellular telephone networks, telecommunications, and internet services. Moreover, it distributes handsets, cash cards, electronic payment services, and internet equipment.

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