ASOS Plc (OTCMKTS:ASOMY) Short Interest Update

ASOS Plc (OTCMKTS:ASOMY) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totalling 2,800 shares, a drop of 39.1% from the August 31st total of 4,600 shares. Based on an average trading volume of 2,100 shares, the days-to-cover ratio is presently 1.3 days.

ASOS Stock Performance

Shares of ASOMY stock traded up $0.06 during mid-day trading on Friday, hitting $5.75. 1,522 shares of the stock were exchanged, compared to its average volume of 1,724. The stock’s fifty day simple moving average is $4.96 and its two-hundred day simple moving average is $4.68. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.64 and a current ratio of 1.51. ASOS has a 12-month low of $4.11 and a 12-month high of $5.89.

Wall Street Analyst Weigh In

ASOMY has been the subject of several analyst reports. Berenberg Bank upgraded shares of ASOS to a “strong-buy” rating in a report on Thursday, September 5th. Barclays upgraded ASOS to a “strong sell” rating in a research note on Tuesday, September 10th.

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.