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

ASICS Co. (OTCMKTS:ASCCF) saw a significant increase in short interest in June. As of June 15th, there was short interest totalling 708,000 shares, an increase of 107.3% from the May 31st total of 341,500 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 2,360.0 days.

ASICS Stock Performance

ASCCF opened at $16.40 on Friday. ASICS has a 1-year low of $16.40 and a 1-year high of $61.10. The firm has a 50-day moving average price of $50.98 and a two-hundred day moving average price of $41.58.

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.