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

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

ASOS Price Performance

Shares of OTCMKTS:ASOMF opened at $4.90 on Thursday. ASOS has a 1-year low of $4.07 and a 1-year high of $5.41. The business’s 50 day moving average is $5.23 and its 200-day moving average is $5.02.

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.