Short Interest in Zalando SE (OTCMKTS:ZLDSF) Decreases By 49.0%

Zalando SE (OTCMKTS:ZLDSF) saw a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 305,600 shares, a decline of 49.0% from the January 15th total of 598,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 3,056.0 days.

Zalando Price Performance

Shares of Zalando stock opened at $35.73 on Thursday. Zalando has a 52 week low of $21.08 and a 52 week high of $37.15. The business’s fifty day simple moving average is $33.65 and its 200-day simple moving average is $29.76.

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.