Short Interest in Asos Pls (OTCMKTS:ASOMY) Grows By 89.5%

Asos Pls (OTCMKTS:ASOMYGet Free Report) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 7,758 shares, an increase of 89.5% from the April 15th total of 4,095 shares. Based on an average trading volume of 11,739 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Ratings Changes

Separately, Berenberg Bank upgraded shares of Asos Pls to a “strong-buy” rating in a report on Wednesday, March 25th. Two research analysts have rated the stock with a Strong Buy rating, According to MarketBeat, Asos Pls currently has a consensus rating of “Strong Buy”.

Check Out Our Latest Analysis on ASOMY

Asos Pls Price Performance

Shares of ASOMY stock opened at $3.11 on Monday. The firm’s 50 day moving average price is $3.08 and its 200-day moving average price is $3.46. The company has a debt-to-equity ratio of 7.14, a quick ratio of 0.40 and a current ratio of 0.95. Asos Pls has a one year low of $2.49 and a one year high of $4.89.

About Asos Pls

(Get Free Report)

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.

Further Reading

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