ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY – Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 27,715 shares, a growth of 329.2% from the September 30th total of 6,457 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 24,400 shares, the days-to-cover ratio is currently 1.1 days.
Analyst Ratings Changes
Separately, Zacks Research raised shares of ASX from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $57.00.
Get Our Latest Stock Report on ASXFY
ASX Stock Performance
Shares of OTCMKTS:ASXFY opened at $45.70 on Wednesday. The business has a 50-day moving average price of $41.28 and a 200-day moving average price of $38.85. ASX has a 52-week low of $32.12 and a 52-week high of $46.24.
About ASX
ASE Technology Holding Co, Ltd. is a Taiwan-based semiconductor manufacturing services company. Through its subsidiaries, including Advanced Semiconductor Engineering, Inc (ASE) and Siliconware Precision Industries Co, Ltd. (SPIL), the company provides outsourced semiconductor assembly and test (OSAT) services to chip manufacturers and electronics companies.
Its services include wafer probing, wafer bumping, chip assembly, packaging, final testing and electronic manufacturing services.
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