SATA Technology Co., Ltd. (NASDAQ:SATA) Short Interest Update

SATA Technology Co., Ltd. (NASDAQ:SATA) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 260,572 shares, a decrease of 59.0% from the August 15th total of 635,545 shares. Based on an average daily trading volume, of 356,426 shares, the short-interest ratio is presently 0.7 days.

Insider Transactions at SATA Technology

In other SATA Technology news, Director Pierre Rochard bought 15,900 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was purchased at an average cost of $12.54 per share, with a total value of $199,386.00. Following the completion of the purchase, the director owned 15,900 shares in the company, valued at approximately $199,386. The trade was a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

SATA Technology Stock Performance

Shares of SATA stock opened at $99.75 on Friday. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35.

SATA Technology Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, September 23rd. Investors of record on Tuesday, September 22nd will be paid a dividend of $0.0516 per share. The ex-dividend date is Tuesday, September 22nd.