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

Allegro.eu SA (OTCMKTS:ALEGF) was the recipient of a significant increase in short interest during the month of 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 trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Allegro.eu Price Performance

ALEGF stock opened at $7.65 on Friday. The company’s fifty day moving average price is $7.10 and its 200-day moving average price is $7.29. Allegro.eu has a one year low of $6.71 and a one year high of $7.65.

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.