ACS, Actividades de Construcción y Servicios, S.A. (OTCMKTS:ACSAY) Sees Large Drop in Short Interest

ACS, Actividades de Construcción y Servicios, S.A. (OTCMKTS:ACSAY) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 800 shares, a drop of 78.9% from the February 29th total of 3,800 shares. Based on an average trading volume of 8,400 shares, the days-to-cover ratio is currently 0.1 days.

ACS, Actividades de Construcción y Servicios Stock Performance

Shares of ACS, Actividades de Construcción y Servicios stock opened at $8.61 on Thursday. ACS, Actividades de Construcción y Servicios has a 52 week low of $5.73 and a 52 week high of $8.94. The stock’s 50-day simple moving average is $8.20 and its 200-day simple moving average is $7.86.

ACS, Actividades de Construcción y Servicios Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 29th. Stockholders of record on Monday, January 22nd were issued a $0.0704 dividend. This represents a dividend yield of 0.81%. The ex-dividend date of this dividend was Friday, January 19th. This is an increase from ACS, Actividades de Construcción y Servicios’s previous dividend of $0.01.

About ACS, Actividades de Construcción y Servicios

ACS, Actividades de Construcción y Servicios, SA provides construction and related services in Spain and internationally. The company undertakes construction activities related to development of highways, railways, maritime, airport works, hydraulic infrastructures, coasts, ports, civil engineering, educational and sports facilities, residential, and social infrastructures and facilities; undertakes contracts for the provision of mining services and infrastructure required for mining activities; and offers maintenance services for buildings, public places, and organizations.