AUO Corporation – Sponsored ADR (OTCMKTS:AUOTY – Get Free Report) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 432,566 shares, an increase of 149.4% from the February 26th total of 173,414 shares. Based on an average daily volume of 33,743 shares, the short-interest ratio is presently 12.8 days. Currently, 0.1% of the company’s stock are short sold.
AUO Stock Up 2.7%
AUOTY stock opened at $4.60 on Thursday. The stock has a market capitalization of $3.54 billion, a P/E ratio of 10.95 and a beta of 0.38. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.13 and a quick ratio of 0.83. AUO has a 1-year low of $3.25 and a 1-year high of $6.40. The business has a fifty day moving average price of $4.85 and a 200-day moving average price of $4.40.
About AUO
AU Optronics Corp. (OTCMKTS:AUOTY) is a Taiwanese manufacturer specializing in thin‐film‐transistor liquid crystal display (TFT‐LCD) panels. Headquartered in Hsinchu, Taiwan, the company designs, develops and produces high‐resolution display solutions for a variety of end markets, including televisions, desktop monitors, notebook computers, mobile devices and tablets. In addition to consumer electronics, AU Optronics supplies specialty and industrial displays for applications such as automotive instrument clusters, medical imaging and retail signage.
Founded in 1996, AU Optronics has grown into one of the world’s leading TFT‐LCD producers by expanding its fabrication facilities across Taiwan and mainland China.
Further Reading
Receive News & Ratings for AUO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AUO and related companies with MarketBeat.com's FREE daily email newsletter.
