Short Interest in ASOS Plc (OTCMKTS:ASOMF) Declines By 6.9%

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

Analyst Upgrades and Downgrades

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

ASOS Stock Performance

OTCMKTS:ASOMF opened at $5.10 on Wednesday. ASOS has a 12 month low of $4.07 and a 12 month high of $5.41. The firm has a fifty day simple moving average of $5.37 and a 200-day simple moving average of $4.95.

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.