Short Interest in Allegro.eu SA (OTCMKTS:ALEGF) Drops By 50.4%

Allegro.eu SA (OTCMKTS:ALEGFGet Free Report) was the target of a large decline in short interest in May. As of May 15th, there was short interest totalling 955,100 shares, a decline of 50.4% from the April 30th total of 1,923,900 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Allegro.eu Stock Performance

ALEGF stock remained flat at $7.50 during mid-day trading on Thursday. Allegro.eu has a 12-month low of $6.82 and a 12-month high of $7.50. The company has a fifty day moving average price of $7.50 and a 200 day moving average price of $7.48.

Allegro.eu Company Profile

(Get Free Report)

Allegro.eu SA operates a go-to commerce platform for consumers in Poland. It operates allegro.pl, an e-commerce marketplace that sell products in various categories, including automotive; home and garden; books, media, collectibles, and art; fashion and shoes; electronics; kids; health and beauty; sports and leisure; and supermarket.

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