Allegro.eu SA (OTCMKTS:ALEGF) Short Interest Down 22.2% in February

Allegro.eu SA (OTCMKTS:ALEGF) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 594,000 shares, a decline of 22.2% from the January 31st total of 763,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 5,940.0 days.

Allegro.eu Stock Performance

Shares of Allegro.eu stock opened at $7.65 on Thursday. Allegro.eu has a 52-week low of $6.71 and a 52-week high of $7.65. The company’s 50-day simple moving average is $6.97 and its 200-day simple moving average is $7.28.

About Allegro.eu

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.