ASICS Co. (OTCMKTS:ASCCF – Get Free Report) saw a significant decline in short interest in May. As of May 31st, there was short interest totalling 341,500 shares, a decline of 22.6% from the May 15th total of 441,000 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 3,415.0 days.
ASICS Stock Performance
ASICS stock remained flat at $59.15 during midday trading on Friday. 7 shares of the company traded hands, compared to its average volume of 280. ASICS has a 1-year low of $29.83 and a 1-year high of $61.10. The stock’s 50-day simple moving average is $50.97 and its 200-day simple moving average is $40.72.
ASICS shares are set to split before the market opens on Sunday, June 30th. The 4-1 split was announced on Sunday, June 30th. The newly minted shares will be distributed to shareholders after the market closes on Sunday, June 30th.
About ASICS
ASICS Corporation manufactures and sells sporting goods in Japan, North America, Europe, China, Oceania, Southeast and South Asia, and internationally. It offers running shoes, apparel, and sports accessories and equipment. The company sells its products under the ASICS, ASICSTIGER, and Onitsuka Tiger brands through retail stores, as well as online.
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