Short Interest in Advanced Info Service Public Co. (OTCMKTS:AVIFY) Declines By 47.9%

Advanced Info Service Public Co. (OTCMKTS:AVIFY) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 4,432 shares, a decline of 47.9% from the May 31st total of 8,502 shares. Based on an average daily trading volume, of 10,290 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Advanced Info Service Public Stock Performance

AVIFY opened at $12.00 on Wednesday. The stock has a market capitalization of $35.69 billion, a price-to-earnings ratio of 22.64 and a beta of 0.06. The company has a fifty day moving average of $11.09 and a 200 day moving average of $11.06. Advanced Info Service Public has a fifty-two week low of $7.81 and a fifty-two week high of $13.41. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.86 and a current ratio of 0.89.

Advanced Info Service Public (OTCMKTS:AVIFY) last announced its quarterly earnings results on Thursday, May 7th. The technology company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.13 by $0.01. Advanced Info Service Public had a net margin of 22.29% and a return on equity of 48.34%. The business had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.75 billion.

Advanced Info Service Public Company Profile

Advanced Info Service Public Company Limited (OTCMKTS: AVIFY), commonly known as AIS, is a Thailand-based telecommunications provider offering a range of mobile and digital services. The company operates nationwide mobile networks and provides voice and data plans for prepaid and postpaid customers, as well as international roaming and value-added mobile services. AIS is publicly listed in Thailand and also trades over the counter under the AVIFY ticker.

Beyond core mobile services, AIS has expanded into fixed broadband and digital platforms.