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

ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 22,038 shares, a growth of 235.7% from the April 15th total of 6,565 shares. Based on an average daily trading volume, of 35,317 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

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

ASX Price Performance

Shares of ASX stock traded up $0.83 during trading hours on Thursday, reaching $42.41. 4,235 shares of the company’s stock were exchanged, compared to its average volume of 44,764. ASX has a 1 year low of $32.68 and a 1 year high of $48.43. The business has a fifty day moving average of $38.79 and a two-hundred day moving average of $37.66.

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.