Short Interest in ASOS Plc (OTCMKTS:ASOMF) Declines By 13.6%

ASOS Plc (OTCMKTS:ASOMF) was the recipient of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 202,050 shares, a decrease of 13.6% from the January 15th total of 233,752 shares. Based on an average daily volume of 67 shares, the days-to-cover ratio is presently 3,015.7 days. Based on an average daily volume of 67 shares, the days-to-cover ratio is presently 3,015.7 days.

ASOS Price Performance

ASOMF stock opened at $3.98 on Tuesday. ASOS has a twelve month low of $3.23 and a twelve month high of $4.07. The company’s 50 day moving average is $3.76 and its two-hundred day moving average is $3.70.

About ASOS

ASOS plc is a leading online fashion and beauty retailer headquartered in London, United Kingdom. Founded in 2000 by Nick Robertson, Quentin Griffiths, Andrew Regan and Deborah Thorpe as “As Seen On Screen,” the company initially sold clothing inspired by celebrity styles. Over time, ASOS evolved into a comprehensive e-commerce platform, offering its own-brand apparel, footwear, accessories and beauty products alongside a broad range of third-party labels. In the mid-2010s, the company expanded its model by launching a marketplace that enables independent brands and boutique sellers to reach ASOS’s global customer base.

ASOS serves millions of customers in more than 200 territories worldwide, with key markets in the United Kingdom, Continental Europe, the United States and Australia.