ASOS Plc (OTCMKTS:ASOMF – Get Free Report) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 29,385 shares, a drop of 61.5% from the May 14th total of 76,329 shares. Based on an average trading volume of 736 shares, the short-interest ratio is presently 39.9 days.
ASOS Price Performance
OTCMKTS:ASOMF opened at $3.70 on Friday. The business’s 50-day moving average price is $3.37 and its two-hundred day moving average price is $3.52. ASOS has a twelve month low of $2.91 and a twelve month high of $4.07.
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.
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