Short-sellers turn up pressure on ASOS shares

Asos
ASOS: London HQ

ASOS, the trailblazer of British online fashion, fell this morning after it came under further pressure from short-sellers.

Along with other hedge funds, Gladstone Capital Management is now shorting 1.3 per cent of Asos’s shares, above the 0.5 per cent threshold at which a stake must be disclosed to the regulator.

Read the full article on The Times.