ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY) Short Interest Update

ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 68 shares, an increase of 1,033.3% from the June 15th total of 6 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 118,388 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut ASX from a “hold” rating to a “strong sell” rating in a report on Wednesday. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, ASX presently has an average rating of “Reduce” and a consensus target price of $57.00.

ASX Stock Down 0.1%

Shares of OTCMKTS ASXFY traded down $0.02 during mid-day trading on Friday, hitting $37.61. 21,050 shares of the company’s stock traded hands, compared to its average volume of 47,115. The company’s 50-day moving average is $37.57 and its two-hundred day moving average is $37.40. ASX has a 1 year low of $32.12 and a 1 year high of $48.43.

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.