Short Interest in ASOS Plc (OTCMKTS:ASOMY) Decreases By 50.0%

ASOS Plc (OTCMKTS:ASOMY) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 300 shares, a decrease of 50.0% from the November 30th total of 600 shares. Based on an average trading volume of 3,400 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

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

ASOS Stock Performance

ASOMY stock remained flat at $5.15 during midday trading on Friday. The company’s stock had a trading volume of 7 shares, compared to its average volume of 1,756. ASOS has a 12 month low of $4.11 and a 12 month high of $5.89. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.88 and a current ratio of 1.61. The firm has a 50-day moving average price of $4.82 and a two-hundred day moving average price of $4.90.

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.