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

ASX Limited (OTCMKTS:ASXFY) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 3,500 shares, an increase of 288.9% from the March 31st total of 900 shares. Based on an average daily trading volume, of 54,500 shares, the days-to-cover ratio is currently 0.1 days.

ASX Trading Up 0.2 %

ASXFY stock traded up $0.11 on Monday, reaching $45.15. 2,819 shares of the company’s stock were exchanged, compared to its average volume of 20,830. ASX has a twelve month low of $36.46 and a twelve month high of $46.57. The stock has a fifty day moving average of $41.71 and a 200-day moving average of $41.86.

ASX Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 4th. Shareholders of record on Monday, February 24th were paid a dividend of $0.697 per share. This is an increase from ASX’s previous dividend of $0.66. The ex-dividend date of this dividend was Monday, February 24th. ASX’s payout ratio is currently 83.79%.

About ASX

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.