ASICS Co. (OTCMKTS:ASCCF) Sees Significant Increase in Short Interest

ASICS Co. (OTCMKTS:ASCCF) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totalling 2,307,800 shares, an increase of 226.0% from the June 15th total of 708,000 shares. Based on an average trading volume of 8,300 shares, the days-to-cover ratio is presently 278.0 days.

ASICS Price Performance

Shares of OTCMKTS:ASCCF remained flat at $15.74 during trading on Thursday. The stock had a trading volume of 30 shares, compared to its average volume of 477. ASICS has a 12-month low of $14.60 and a 12-month high of $61.10. The stock has a fifty day moving average of $13.41 and a two-hundred day moving average of $10.82.

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.