ASX Limited (OTCMKTS:ASXFY) Short Interest Down 97.3% in August

ASX Limited (OTCMKTS:ASXFY) saw a significant drop in short interest in August. As of August 31st, there was short interest totalling 200 shares, a drop of 97.3% from the August 15th total of 7,300 shares. Based on an average daily volume of 21,700 shares, the days-to-cover ratio is presently 0.0 days.

ASX Stock Performance

ASXFY stock traded up $1.37 during midday trading on Thursday, hitting $44.53. 5,318 shares of the company’s stock were exchanged, compared to its average volume of 11,286. ASX has a one year low of $34.22 and a one year high of $46.27. The stock’s fifty day moving average price is $42.46 and its 200-day moving average price is $42.05.

ASX Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, October 4th. Investors of record on Monday, August 26th will be given a $0.6605 dividend. The ex-dividend date is Monday, August 26th. This is a positive change from ASX’s previous dividend of $0.61. ASX’s payout ratio is currently 83.79%.

ASX Company Profile

ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally. The company provides education programs, research and insights, investor access and peer group networking; distribution facility for quoted exchange traded funds (ETFs) and debt securities. It is also involved in the trading of futures and options on interest rate, equity index, agriculture and energy products, and options over individual securities; cash market trading of equities, warrants, exchange-traded funds, and debt securities; and clearing of exchange-traded derivatives and over-the-counter interest rate and equity derivatives.