Zalando SE (OTCMKTS:ZLDSF) Short Interest Down 25.6% in August

Zalando SE (OTCMKTS:ZLDSF) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 1,121,600 shares, a decline of 25.6% from the August 15th total of 1,507,500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 11,216.0 days.

Zalando Stock Performance

Shares of OTCMKTS ZLDSF opened at $24.13 on Friday. The stock’s 50 day moving average price is $23.54 and its 200-day moving average price is $24.36. Zalando has a twelve month low of $19.65 and a twelve month high of $28.22.

About Zalando

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.