ASOS Plc (OTCMKTS:ASOMF) Sees Large Increase in Short Interest

ASOS Plc (OTCMKTS:ASOMF – Get Rating) was the recipient of a significant growth in short interest in the month of December. As of December 30th, there was short interest totalling 546,100 shares, a growth of 10.4% from the December 15th total of 494,600 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 5,461.0 days.

ASOS Price Performance

Shares of ASOS stock opened at $6.42 on Monday. ASOS has a 1 year low of $5.75 and a 1 year high of $31.14. The stock has a 50-day moving average price of $6.88 and a 200 day moving average price of $8.25.

About ASOS

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ASOS Plc operates as an online fashion retailer worldwide. It offers womenswear and menswear products. The company sells its products under the ASOS Design, ASOS Edition, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge and HIIT brands, as well as through third-party brands. It is also involved in the employer of marketing staff and payment processing businesses.