ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY) Sees Significant Decrease in Short Interest

ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY – Get Free Report) saw a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 7,205 shares, a drop of 74.0% from the October 15th total of 27,715 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 19,042 shares, the days-to-cover ratio is currently 0.4 days.

ASX Trading Down 0.7%

Shares of ASX stock opened at $45.81 on Friday. The firm has a fifty day moving average of $42.65 and a two-hundred day moving average of $39.46. ASX has a 52 week low of $32.12 and a 52 week high of $47.10.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of ASX from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 2nd. Three research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, ASX has an average rating of “Hold” and a consensus price target of $57.00.

Read Our Latest Report on ASXFY

ASX Company Profile

(Get Free Report)

ASX Limited operates the Australian Securities Exchange and provides markets and services for companies, investors and financial institutions. Its offerings include company listings and trading in shares, exchange-traded funds, bonds and derivatives, as well as market data and technology services. The company also provides post-trade services, including clearing and settlement for securities and derivatives transactions. Its markets and services support participants in Australia and connect them with international investors and businesses.

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