ASICS Co. (OTCMKTS:ASCCF) Short Interest Down 22.6% in May

ASICS Co. (OTCMKTS:ASCCFGet Free Report) was the target of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 341,500 shares, a drop of 22.6% from the May 15th total of 441,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 3,415.0 days.

ASICS Stock Performance

Shares of ASCCF stock remained flat at $59.15 during trading hours on Friday. The stock had a trading volume of 7 shares, compared to its average volume of 280. ASICS has a 1 year low of $29.83 and a 1 year high of $61.10. The business has a 50 day simple moving average of $50.97 and a 200-day simple moving average of $40.77.

ASICS’s stock is scheduled to split before the market opens on Sunday, June 30th. The 4-1 split was announced on Sunday, June 30th. The newly created shares will be payable to shareholders after the closing bell on Sunday, June 30th.

ASICS Company Profile

(Get Free Report)

ASICS Corporation manufactures and sells sporting goods in Japan, North America, Europe, China, Oceania, Southeast and South Asia, and internationally. It offers running shoes, apparel, and sports accessories and equipment. The company sells its products under the ASICS, ASICSTIGER, and Onitsuka Tiger brands through retail stores, as well as online.

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