ASOS Plc (OTCMKTS:ASOMF) Sees Large Increase in Short Interest

ASOS Plc (OTCMKTS:ASOMFGet Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 46,109 shares, a growth of 67.9% from the June 30th total of 27,455 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

ASOS Stock Performance

Shares of ASOMF stock opened at $3.70 on Friday. ASOS has a 12 month low of $2.91 and a 12 month high of $4.07. The stock has a 50 day moving average of $3.66 and a two-hundred day moving average of $3.57.

About ASOS

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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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