Allegro.eu SA (OTCMKTS:ALEGF) Short Interest Down 30.8% in June

Allegro.eu SA (OTCMKTS:ALEGF) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totalling 361,700 shares, a drop of 30.8% from the June 15th total of 522,400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 3,617.0 days.

Allegro.eu Price Performance

OTCMKTS:ALEGF opened at $7.50 on Monday. Allegro.eu has a 12-month low of $6.82 and a 12-month high of $7.50. The stock’s 50 day simple moving average is $7.50 and its 200-day simple moving average is $7.50.

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.