Zalando SE (OTCMKTS:ZLDSF) Short Interest Down 63.0% in September

Zalando SE (OTCMKTS:ZLDSF) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 411,200 shares, a drop of 63.0% from the September 15th total of 1,112,700 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 2,056.0 days.

Zalando Stock Performance

Shares of ZLDSF opened at $32.00 on Friday. The stock has a 50-day moving average price of $26.29 and a 200-day moving average price of $25.64. Zalando has a 12-month low of $19.65 and a 12-month high of $32.00.

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.