Allegro.eu SA (OTCMKTS:ALEGF) Sees Large Decline in Short Interest

Allegro.eu SA (OTCMKTS:ALEGF) was the recipient of a large decline in short interest in the month of 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 daily trading volume, of 100 shares, the short-interest ratio is currently 5,940.0 days.

Allegro.eu Price Performance

OTCMKTS ALEGF opened at $7.65 on Tuesday. The firm’s 50-day moving average is $6.94 and its two-hundred day moving average is $7.28. Allegro.eu has a 12 month low of $6.71 and a 12 month high of $7.65.

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.