Asos Pls (OTCMKTS:ASOMY) Short Interest Update

Asos Pls (OTCMKTS:ASOMY) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 6,550 shares, a decrease of 43.8% from the May 31st total of 11,665 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,148 shares, the short-interest ratio is currently 3.0 days.

Asos Pls Price Performance

Asos Pls stock opened at $3.66 on Wednesday. The firm’s fifty day moving average price is $3.39 and its two-hundred day moving average price is $3.53. Asos Pls has a 1-year low of $2.49 and a 1-year high of $4.89. The company has a quick ratio of 0.40, a current ratio of 0.95 and a debt-to-equity ratio of 7.14.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upgraded 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 data from MarketBeat.com, Asos Pls currently has an average rating of “Strong Buy”.

Asos Pls Company Profile

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.