Short Interest in Allegro.eu SA (OTCMKTS:ALEGF) Grows By 101.6%

Allegro.eu SA (OTCMKTS:ALEGF) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 1,197,800 shares, an increase of 101.6% from the February 13th total of 594,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Allegro.eu Stock Performance

Shares of ALEGF stock opened at $7.65 on Friday. Allegro.eu has a 52 week low of $6.71 and a 52 week high of $7.65. The stock’s fifty day moving average is $7.09 and its 200-day moving average is $7.29.

Allegro.eu Company Profile

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.