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

ASX Limited (OTCMKTS:ASXFY) was the target of a large 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

ASXFY opened at $41.87 on Thursday. The stock’s 50 day moving average price is $40.84 and its 200-day moving average price is $42.14. ASX has a 52-week low of $36.46 and a 52-week high of $46.27.

ASX Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, April 4th. Shareholders of record on Monday, February 24th will be issued a $0.697 dividend. The ex-dividend date is Monday, February 24th. This is a positive change from ASX’s previous dividend of $0.66. ASX’s dividend payout ratio is 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.