ASOS Plc (OTCMKTS:ASOMY) Short Interest Update

ASOS Plc (OTCMKTS:ASOMY) was the recipient of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 600 shares, a drop of 66.7% from the October 31st total of 1,800 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

A number of research firms recently commented on ASOMY. Berenberg Bank upgraded shares of ASOS to a “strong-buy” rating in a report on Thursday, September 5th. Barclays raised shares of ASOS to a “strong sell” rating in a research note on Tuesday, September 10th.

ASOS Price Performance

ASOMY traded up $0.18 during midday trading on Wednesday, reaching $4.66. 2,779 shares of the company’s stock traded hands, compared to its average volume of 1,770. ASOS has a 52 week low of $4.11 and a 52 week high of $5.89. The company has a current ratio of 1.51, a quick ratio of 0.64 and a debt-to-equity ratio of 1.53. The firm has a fifty day moving average of $5.12 and a two-hundred day moving average of $4.86.

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.