ASOS Plc (OTCMKTS:ASOMF) Stock Short Interest Drops 43.5%

ASOS Plc (OTCMKTS:ASOMF – Get Free Report) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 11,760 shares, a decrease of 43.5% from the September 30th total of 20,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 117.6 days.

ASOS Price Performance

ASOS stock opened at $6.27 on Monday. ASOS has a 12-month low of $2.91 and a 12-month high of $6.27. The firm’s 50-day moving average is $4.52 and its two-hundred day moving average is $3.82.

About ASOS

(Get Free Report)

ASOS plc is a global online fashion retailer headquartered in London, England. The company sells clothing, footwear, accessories, beauty products and related merchandise through its websites and mobile platforms, offering products from its own labels as well as a broad selection of third-party brands.

ASOS serves customers across the United Kingdom, Europe, the United States and other international markets. Its digital retail model is supported by localized websites, mobile shopping services and delivery and returns infrastructure designed for online consumers.

The company was founded in 2000 under the name AsSeenOnScreen, reflecting its original focus on products inspired by items worn in films and on television.

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