ASICS Co. (OTCMKTS:ASCCF) Sees Large Decline in Short Interest

ASICS Co. (OTCMKTS:ASCCF) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 2,592,400 shares, a decline of 17.3% from the December 15th total of 3,136,200 shares. Based on an average daily volume of 500 shares, the short-interest ratio is presently 5,184.8 days.

ASICS Price Performance

ASICS stock opened at $19.72 on Friday. ASICS has a one year low of $11.92 and a one year high of $61.10. The company’s fifty day moving average price is $17.03 and its two-hundred day moving average price is $16.87.

About ASICS

ASICS Corporation manufactures and sells sporting goods in Japan, North America, Europe, China, Oceania, Southeast and South Asia, and internationally. It offers running shoes, apparel, and sports accessories and equipment. The company sells its products under the ASICS, ASICSTIGER, and Onitsuka Tiger brands through retail stores, as well as online.