ASOS Plc (OTCMKTS:ASOMY) Sees Significant Drop in Short Interest

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

ASOS Price Performance

Shares of OTCMKTS ASOMY remained flat at $5.15 during trading on Friday. The stock had a trading volume of 7 shares, compared to its average volume of 1,756. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.61 and a quick ratio of 0.88. The firm has a 50-day moving average of $4.82 and a 200-day moving average of $4.90. ASOS has a 1 year low of $4.11 and a 1 year high of $5.89.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Barclays upgraded ASOS to a "strong sell" rating in a report on Tuesday, September 10th. Berenberg Bank raised shares of ASOS to a "strong-buy" rating in a research note on Thursday, September 5th.

ASOS Company Profile

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.