ASOS Plc (OTCMKTS:ASOMF) Sees Significant Growth in Short Interest

ASOS Plc (OTCMKTS:ASOMF) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 313,000 shares, a growth of 25.4% from the December 15th total of 249,600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 3,130.0 days.

ASOS Price Performance

Shares of ASOS stock opened at $4.90 on Friday. The firm has a fifty day moving average price of $5.30 and a 200 day moving average price of $5.00. ASOS has a 1 year low of $4.07 and a 1 year high of $5.41.

About ASOS

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.