ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY) Sees Large Drop in Short Interest

ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 25 shares, a decrease of 99.9% from the May 14th total of 24,261 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 78,952 shares, the short-interest ratio is presently 0.0 days.

ASX Price Performance

Shares of ASX stock opened at $33.55 on Thursday. ASX has a fifty-two week low of $32.12 and a fifty-two week high of $48.43. The firm has a fifty day moving average price of $39.47 and a two-hundred day moving average price of $37.59.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of ASX to a “hold” rating in a report on Tuesday, April 7th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, ASX presently has an average rating of “Hold” and an average price target of $57.00.

ASX Company Profile

The Australian Securities Exchange (OTCMKTS:ASXFY) is Australia’s primary securities exchange operator, providing a comprehensive range of capital-markets services. Its core activities include the listing and trading of equities, exchange-traded funds, fixed income products, derivatives and commodities. ASX also operates clearing and settlement facilities through its Clearing House Electronic Subregister System (CHESS), ensuring the integrity and efficiency of post-trade processes for both domestic and international participants.

Established in 1987 through the merger of six state-based exchanges and demutualized in 1998, ASX has continually invested in market infrastructure and technology.