Zalando SE (OTCMKTS:ZLDSF) Sees Large Increase in Short Interest

Zalando SE (OTCMKTS:ZLDSF) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 475,500 shares, a growth of 23.1% from the August 15th total of 386,300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 4,755.0 days. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 4,755.0 days.

Zalando Stock Performance

Zalando stock opened at $29.11 on Friday. The firm has a 50-day moving average price of $29.65 and a 200-day moving average price of $31.54. Zalando has a 12-month low of $24.13 and a 12-month high of $38.51.

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.