ASOS Plc (OTCMKTS:ASOMF) Short Interest Down 61.5% in May

ASOS Plc (OTCMKTS:ASOMF) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 29,385 shares, a decline of 61.5% from the May 14th total of 76,329 shares. Based on an average trading volume of 736 shares, the days-to-cover ratio is currently 39.9 days.

ASOS Price Performance

ASOS stock remained flat at $3.70 during trading on Friday. 100 shares of the company were exchanged, compared to its average volume of 1,350. ASOS has a one year low of $2.91 and a one year high of $4.07. The firm has a 50-day moving average of $3.36 and a 200 day moving average of $3.52.

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.