Short Interest in Zalando SE (OTCMKTS:ZLDSF) Increases By 36.3%

Zalando SE (OTCMKTS:ZLDSF) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 560,400 shares, a growth of 36.3% from the September 30th total of 411,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 5,604.0 days.

Zalando Stock Down 9.7 %

OTCMKTS:ZLDSF opened at $28.91 on Friday. The business’s 50 day moving average is $28.11 and its two-hundred day moving average is $26.32. Zalando has a 52 week low of $19.65 and a 52 week high of $32.00.

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.