ASX Limited (OTCMKTS:ASXFY) Sees Significant Growth in Short Interest

ASX Limited (OTCMKTS:ASXFY) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 3,400 shares, an increase of 41.7% from the September 30th total of 2,400 shares. Based on an average daily trading volume, of 13,000 shares, the days-to-cover ratio is currently 0.3 days.

ASX Stock Performance

Shares of OTCMKTS:ASXFY traded up $0.57 during midday trading on Monday, hitting $44.82. 1,300 shares of the company’s stock traded hands, compared to its average volume of 10,254. ASX has a twelve month low of $34.94 and a twelve month high of $46.27. The firm’s fifty day moving average price is $43.44 and its two-hundred day moving average price is $42.17.

ASX Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, October 4th. Investors of record on Monday, August 26th were issued a $0.6605 dividend. This is an increase from ASX’s previous dividend of $0.61. The ex-dividend date was Monday, August 26th. ASX’s payout ratio is presently 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.