Short Interest in ASOS Plc (OTCMKTS:ASOMY) Declines By 33.3%

ASOS Plc (OTCMKTS:ASOMY - Get Free Report) saw a significant decrease in short interest in May. As of May 31st, there was short interest totalling 200 shares, a decrease of 33.3% from the May 15th total of 300 shares. Approximately 0.0% of the company's shares are short sold. Based on an average trading volume of 2,300 shares, the short-interest ratio is presently 0.1 days.

ASOS Price Performance

ASOS stock opened at $4.24 on Tuesday. The firm's 50-day moving average is $4.02 and its 200-day moving average is $4.35. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.88 and a current ratio of 1.61. ASOS has a 1 year low of $2.89 and a 1 year high of $5.89.

Analysts Set New Price Targets

ASOMY has been the subject of several recent research reports. Hsbc Global Res raised shares of ASOS from a "moderate sell" rating to a "hold" rating in a research report on Thursday, March 13th. BNP Paribas upgraded shares of ASOS to a "strong sell" rating in a research note on Monday, March 17th.

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.

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