Short Interest in ASX Limited (OTCMKTS:ASXFY) Declines By 20.5%

ASX Limited (OTCMKTS:ASXFY) was the target of a large decline in short interest in February. As of February 28th, there was short interest totalling 3,100 shares, a decline of 20.5% from the February 13th total of 3,900 shares. Based on an average trading volume of 32,300 shares, the short-interest ratio is currently 0.1 days.

ASX Trading Up 0.9 %

Shares of ASX stock opened at $40.87 on Monday. ASX has a twelve month low of $36.46 and a twelve month high of $46.27. The firm’s 50-day simple moving average is $40.63 and its 200-day simple moving average is $42.16.

ASX Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, April 4th. Shareholders of record on Monday, February 24th will be given a $0.697 dividend. The ex-dividend date of this dividend is Monday, February 24th. This is a positive change from ASX’s previous dividend of $0.66. ASX’s payout ratio is 83.79%.

ASX Company Profile

ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally. The company provides education programs, research and insights, investor access and peer group networking; distribution facility for quoted exchange traded funds (ETFs) and debt securities. It is also involved in the trading of futures and options on interest rate, equity index, agricultural and energy products, and options over individual securities; cash market trading of equities, warrants, exchange-traded funds, and debt securities; and clearing of exchange-traded derivatives and over-the-counter interest rate and equity derivatives.