ASX Limited (OTCMKTS:ASXFY) Sees Significant Decline in Short Interest

ASX Limited (OTCMKTS:ASXFY) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 3,100 shares, a drop of 20.5% from the February 13th total of 3,900 shares. Based on an average daily trading volume, of 32,300 shares, the short-interest ratio is presently 0.1 days.

ASX Price Performance

Shares of OTCMKTS ASXFY opened at $41.15 on Wednesday. The stock’s 50-day moving average is $40.66 and its 200 day moving average is $42.16. ASX has a 1-year low of $36.46 and a 1-year high of $46.27.

ASX Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, April 4th. Shareholders of record on Monday, February 24th will be paid a $0.697 dividend. This is a boost from ASX’s previous dividend of $0.66. The ex-dividend date is Monday, February 24th. ASX’s payout ratio is 83.79%.

About ASX

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, agricultural 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.