I disagree. If you are invested in a sound cash generating share in an easy to understood industry STAY PUT, In the long rum you will do well. Read Warren Buffett. Trading is very difficult.
Shorts are only a worry to poor companies with weak balance sheets and\or liquidity problems. Nothing like that here shorters will get their fingers burned
ASOS certainly not as pure as snow. Still not publishing full details of its own supply chain. I think Boohoo has already flown. It is still a bit of a fledgeling. More to come but not yet
The reason for recovery after large sell is bear covering and/or closing of short positions, buy a good reference book about the stock market. Help you a lot