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

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

Zalando Price Performance

Shares of OTCMKTS:ZLDSF opened at $31.92 on Friday. The business’s 50 day moving average is $34.36 and its 200-day moving average is $32.76. Zalando has a 1-year low of $23.44 and a 1-year 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.