Short Interest in ASX Limited (OTCMKTS:ASXFY) Increases By 308.3%

ASX Limited (OTCMKTS:ASXFY – Get Rating) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 9,800 shares, an increase of 308.3% from the April 30th total of 2,400 shares. Based on an average daily volume of 21,900 shares, the short-interest ratio is presently 0.4 days.

ASX Trading Up 2.0 %

Shares of OTCMKTS:ASXFY traded up $0.89 during trading on Friday, reaching $44.91. The company had a trading volume of 12,767 shares, compared to its average volume of 11,508. The stock’s fifty day moving average price is $45.57 and its 200 day moving average price is $46.46. ASX has a fifty-two week low of $40.36 and a fifty-two week high of $64.78.

ASX Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, April 12th. Stockholders of record on Friday, March 10th were issued a $0.752 dividend. This represents a dividend yield of 3.24%. The ex-dividend date was Thursday, March 9th. ASX’s payout ratio is currently 83.79%.

About ASX

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ASX Ltd. engages in operating a securities exchange. Its products and services include listing and issuer services; trading venue; clearing and settlement activities; exchange-traded and over-the-counter products; and information and technical services. The company was founded in April 1987 and is headquartered in Sydney, Australia.