Stocks

ASX Limited Records Surge in Short Interest in December

Published December 30, 2023

In recent trading activities, ASX Limited, stock symbol ASXFY, experienced a noteworthy escalation in short interest during the month of December. The financial data revealed that, as of December 15th, short interest had climed to a total of 5,700 shares. This represents a significant surge of 72.7% compared to the 3,300 shares recorded as of November 30th. When contrasted with the average daily volume of 24,600 shares, the current short-interest ratio for ASX Limited stands at approximately 0.2 days.

ASX Trading Sees Minor Decline

The ASXFY stock commenced at a price of $42.86 on the previous trading day. Over the past year, ASX Limited's stock has reached a peak of $49.98 and fallen to a low of $33.97. Presently, the trading figures reveal a 50-day simple moving average of $38.53 and a more extended 200-day simple moving average settling at $38.73.

A Glimpse into ASX Limited

Operating both within Australia and on an international front, ASX Limited stands as a multi-faceted exchange entity, catering to various classes of assets. The company prides itself on offering educational programs, innovative research, and vital investor insights while fostering networking opportunities among peer groups. Alongside acting as a distribution hub for quoted exchange-traded funds (ETFs) and debt securities, ASX Limited is also active in trading futures and options across diverse sectors like interest rates, equity indexes, agriculture, and energy. Additionally, the company deals with cash market trading in equities, warrants, ETFs, and debt securities, while providing clearing services for exchange-traded and over-the-counter derivatives inclusive of interest rate and equity products.

ASX, ShortInterest, Trading