ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY) Short Interest Down 99.9% in May

ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 25 shares, a drop of 99.9% from the May 14th total of 24,261 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 78,952 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of ASX to a “hold” rating in a research report on Tuesday, April 7th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, ASX currently has a consensus rating of “Hold” and a consensus target price of $57.00.

ASX Price Performance

ASX stock traded down $0.12 during midday trading on Tuesday, reaching $33.31. The company’s stock had a trading volume of 122,819 shares, compared to its average volume of 46,658. ASX has a fifty-two week low of $32.12 and a fifty-two week high of $48.43. The stock’s 50 day simple moving average is $39.52 and its 200 day simple moving average is $37.65.

About ASX

The Australian Securities Exchange (OTCMKTS:ASXFY) is Australia’s primary securities exchange operator, providing a comprehensive range of capital-markets services. Its core activities include the listing and trading of equities, exchange-traded funds, fixed income products, derivatives and commodities. ASX also operates clearing and settlement facilities through its Clearing House Electronic Subregister System (CHESS), ensuring the integrity and efficiency of post-trade processes for both domestic and international participants.

Established in 1987 through the merger of six state-based exchanges and demutualized in 1998, ASX has continually invested in market infrastructure and technology.