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

Zalando SE (OTCMKTS:ZLDSF) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totalling 1,121,600 shares, a decrease 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 currently 11,216.0 days.

Zalando Price Performance

Shares of ZLDSF stock opened at $24.13 on Monday. The company’s fifty day simple moving average is $23.55 and its 200-day simple moving average is $24.43. Zalando has a 52 week low of $19.65 and a 52 week high of $28.22.

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.