ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY – Get Free Report) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 6 shares, a drop of 76.0% from the May 31st total of 25 shares. Based on an average daily trading volume, of 152,830 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.
ASX Stock Performance
ASX stock opened at $35.70 on Friday. ASX has a 52-week low of $32.12 and a 52-week high of $48.43. The stock’s 50 day moving average price is $38.67 and its two-hundred day moving average price is $37.41.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded ASX to a “hold” rating in a report on Tuesday, April 7th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold” and an average price target of $57.00.
ASX Company Profile
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.
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