No you are not seeing the specs correct.
If there is no current the device just sits inthe middle of the Vcc. Ifyour Vcc is 3.3 volt then the Vcc/2 is 1.65volts. If it is 5 then the output sits at 2.5 volts.
It is made in such way because it measures AC and DC currents.
Ioannis
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