Short Interest in Zalando SE (OTCMKTS:ZLDSF) Declines By 55.8%

Zalando SE (OTCMKTS:ZLDSF) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 440,000 shares, a drop of 55.8% from the March 15th total of 994,900 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 4,400.0 days.

Zalando Stock Performance

OTCMKTS:ZLDSF remained flat at $31.92 during trading hours on Thursday. Zalando has a one year low of $23.44 and a one year high of $38.51. The stock has a 50 day moving average of $34.43 and a two-hundred day moving average of $32.76.

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.