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

ASX Limited (OTCMKTS:ASXFY) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 11,300 shares, an increase of 264.5% from the February 28th total of 3,100 shares. Based on an average daily trading volume, of 32,500 shares, the days-to-cover ratio is currently 0.3 days.

ASX Price Performance

ASX stock opened at $41.97 on Friday. The firm has a 50 day moving average price of $40.88 and a 200-day moving average price of $42.14. ASX has a twelve month low of $36.46 and a twelve month high of $46.27.

ASX Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, April 4th. Shareholders of record on Monday, February 24th will be given a $0.697 dividend. This is an increase from ASX’s previous dividend of $0.66. The ex-dividend date of this dividend is Monday, February 24th. ASX’s dividend payout ratio (DPR) is currently 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.