ASOS Plc (OTCMKTS:ASOMF) Sees Large Drop in Short Interest

ASOS Plc (OTCMKTS:ASOMF) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 249,600 shares, a drop of 6.9% from the November 30th total of 268,200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered ASOS from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, September 10th.

ASOS Price Performance

ASOS stock opened at $5.10 on Monday. ASOS has a fifty-two week low of $4.07 and a fifty-two week high of $5.41. The stock’s fifty day moving average is $5.38 and its two-hundred day moving average is $4.95.

ASOS Company Profile

ASOS Plc operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, Denmark, Poland, and internationally. It offers womenswear and menswear products. The company sells its products under the ASOS Design, ASOS Edition, ASOS Luxe, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge, HIIT, AsYou, Dark Future, UNRVLLD/SPPLY, Crooked Tongues, Daysocial, Actual, and Weekend Collective brands, as well as through third-party brands.