ASOS Plc (OTCMKTS:ASOMF – Get Free Report) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 268,300 shares, a drop of 5.2% from the September 30th total of 283,000 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 1,341.5 days.
ASOS Price Performance
Shares of OTCMKTS ASOMF opened at $5.41 on Friday. The company’s fifty day moving average price is $4.95 and its 200 day moving average price is $4.68. ASOS has a 1 year low of $4.07 and a 1 year high of $5.41.
Analyst Ratings Changes
Separately, Barclays cut ASOS from an “equal weight” rating to an “underweight” rating in a research report 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.
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