Short Interest in Zalando SE (OTCMKTS:ZLDSF) Decreases By 25.6%

Zalando SE (OTCMKTS:ZLDSF) saw a large 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 trading volume of 100 shares, the short-interest ratio is currently 11,216.0 days.

Zalando Trading Up 2.9 %

Zalando stock opened at $24.13 on Monday. The stock has a fifty day moving average price of $23.55 and a 200 day moving average price of $24.43. Zalando has a 52 week low of $19.65 and a 52 week 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.