Asos Pls (OTCMKTS:ASOMY) Short Interest Update

Asos Pls (OTCMKTS:ASOMY) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 6,550 shares, a decline of 43.8% from the May 31st total of 11,665 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 2,148 shares, the days-to-cover ratio is presently 3.0 days.

Asos Pls Price Performance

OTCMKTS:ASOMY remained flat at $3.66 during trading hours on Thursday. Asos Pls has a one year low of $2.49 and a one year high of $4.89. The company has a debt-to-equity ratio of 7.14, a quick ratio of 0.40 and a current ratio of 0.95. The stock has a 50 day moving average of $3.41 and a two-hundred day moving average of $3.53.

Analyst Ratings Changes

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

About Asos Pls

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.