The stock of Actions Semiconductor Limited (NASDAQ:ACTS) registered a decrease of 0.73% in short interest. ACTS’s total short interest was 27,300 shares in September as published by FINRA. Its down 0.73% from 27,500 shares, reported previously. With 14,400 shares average volume, it will take short sellers 2 days to cover their ACTS’s short positions. The short interest to Actions Semiconductor Limited’s float is 0.08%. About 48,881 shares traded hands or 191.53% up from the average. Actions Semiconductor Co., Ltd. (ADR) (NASDAQ:ACTS) has risen 45.65% since February 8, 2016 and is uptrending. It has outperformed by 29.16% the S&P500.
Actions Semiconductor Co., Ltd is a holding company. The company has a market cap of $93.03 million. The Firm is a fabless semiconductor firm that designs, develops and markets integrated platform solutions, including systems-on-a-chip , firmware, software development tools and reference designs, for manufacturers of portable media players and smart handheld devices, such as Bluetooth audio and music devices, tablets and over-the-top (OTT) boxes. It currently has negative earnings. The Company’s divisions include MMP SoC for portable media players and Testing solutions.
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