Short Interest in Zalando SE (OTCMKTS:ZLDSF) Rises By 65.7%

Zalando SE (OTCMKTS:ZLDSF) was the target of a significant growth in short interest in August. As of August 15th, there was short interest totaling 386,300 shares, agrowthof65.7% from the July 31st total of 233,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 3,863.0 days. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 3,863.0 days.

Zalando Price Performance

Shares of OTCMKTS ZLDSF opened at $29.11 on Friday. Zalando has a twelve month low of $24.13 and a twelve month high of $38.51. The stock has a fifty day simple moving average of $29.93 and a 200-day simple moving average of $32.14.

Zalando Company Profile

Zalando SE operates an online platform for fashion and lifestyle products. The company operates through Fashion Store and Offprice segments. It provides shoes, apparel, accessories, and beauty products with free delivery and returns, as well as various payment options. The company also sells its products through Lounge by Zalando; and brick-and-mortar outlet stores.