Short Interest in Allegro.eu SA (OTCMKTS:ALEGF) Drops By 8.7%

Allegro.eu SA (OTCMKTS:ALEGF) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 522,400 shares, a drop of 8.7% from the May 31st total of 572,400 shares. Based on an average daily volume of 25,900 shares, the short-interest ratio is presently 20.2 days.

Allegro.eu Price Performance

Shares of ALEGF stock opened at $7.50 on Tuesday. The stock’s fifty day simple moving average is $7.50 and its 200 day simple moving average is $7.50. Allegro.eu has a one year low of $6.82 and a one year high of $7.50.

Allegro.eu Company Profile

Allegro.eu SA operates a go-to commerce platform for consumers in Poland. It operates allegro.pl, an e-commerce marketplace that sell products in various categories, including automotive; home and garden; books, media, collectibles, and art; fashion and shoes; electronics; kids; health and beauty; sports and leisure; and supermarket.