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

ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 38,636 shares, a growth of 171.5% from the July 30th total of 14,233 shares. Based on an average daily volume of 29,576 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of ASX from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 25th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $57.00.

ASX Stock Down 0.4%

Shares of ASX stock opened at $39.61 on Friday. The stock’s fifty day moving average is $38.65 and its two-hundred day moving average is $38.28. ASX has a 52 week low of $32.12 and a 52 week high of $45.74.

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.