Short Interest in Asos Pls (OTCMKTS:ASOMY) Rises By 60.8%

Asos Pls (OTCMKTS:ASOMY) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 1,100 shares, an increase of 60.8% from the December 15th total of 684 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,481 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 1,481 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the shares of the stock are short sold.

Asos Pls Trading Up 3.8%

ASOMY stock opened at $4.11 on Friday. Asos Pls has a 52-week low of $2.89 and a 52-week high of $5.50. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.02 and a quick ratio of 0.49. The business has a fifty day moving average of $3.50 and a two-hundred day moving average of $3.77.

Analyst Ratings Changes

Separately, Peel Hunt upgraded Asos Pls to a “strong-buy” rating in a research report on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Asos Pls Company Profile

ASOS PLS (OTCMKTS:ASOMY) is an international online fashion retailer headquartered in London, United Kingdom. Since its founding in 2000 as AsSeenOnScreen, the company has focused on providing trend-driven clothing, footwear and accessories to a predominantly young adult audience. ASOS operates a direct-to-consumer e-commerce platform that features both its own in-house brands and a curated selection of third-party labels, with an emphasis on fast fashion and seasonal collections.

The company’s product offering spans womenswear, menswear, swimwear, activewear, shoes, bags, jewellery and beauty items.