ASOS Plc (OTCMKTS:ASOMF) Sees Significant Decrease in Short Interest

ASOS Plc (OTCMKTS:ASOMFGet Free Report) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 26,455 shares, a decrease of 36.1% from the August 15th total of 41,389 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ? days.

ASOS Price Performance

ASOMF stock opened at $3.70 on Friday. The business’s 50-day moving average price is $3.70 and its 200-day moving average price is $3.53. ASOS has a twelve month low of $2.91 and a twelve month high of $4.07.

About ASOS

(Get Free Report)

ASOS plc is a leading online fashion and beauty retailer headquartered in London, United Kingdom. Founded in 2000 by Nick Robertson, Quentin Griffiths, Andrew Regan and Deborah Thorpe as “As Seen On Screen,” the company initially sold clothing inspired by celebrity styles. Over time, ASOS evolved into a comprehensive e-commerce platform, offering its own-brand apparel, footwear, accessories and beauty products alongside a broad range of third-party labels. In the mid-2010s, the company expanded its model by launching a marketplace that enables independent brands and boutique sellers to reach ASOS’s global customer base.

ASOS serves millions of customers in more than 200 territories worldwide, with key markets in the United Kingdom, Continental Europe, the United States and Australia.

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