Advanced Info Service Public Co. (OTCMKTS:AVIFY) Sees Large Decline in Short Interest

Advanced Info Service Public Co. (OTCMKTS:AVIFY) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 5,118 shares, a decline of 15.6% from the December 31st total of 6,061 shares. Based on an average daily trading volume, of 1,187 shares, the days-to-cover ratio is currently 4.3 days. Based on an average daily trading volume, of 1,187 shares, the days-to-cover ratio is currently 4.3 days.

Advanced Info Service Public Price Performance

Shares of AVIFY opened at $11.82 on Monday. The stock has a market cap of $35.15 billion, a P/E ratio of 27.48 and a beta of 0.17. The company has a quick ratio of 0.31, a current ratio of 0.34 and a debt-to-equity ratio of 0.68. Advanced Info Service Public has a 12-month low of $7.17 and a 12-month high of $12.24. The business’s fifty day moving average is $9.97 and its 200 day moving average is $9.65.

Advanced Info Service Public (OTCMKTS:AVIFY) last announced its quarterly earnings data on Friday, November 7th. The technology company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.02. The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.69 billion. Advanced Info Service Public had a return on equity of 45.17% and a net margin of 19.22%.

About Advanced Info Service Public

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.