Allegro.eu SA (OTCMKTS:ALEGF) Short Interest Up 22.1% in March

Allegro.eu SA (OTCMKTS:ALEGF) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,462,600 shares, an increase of 22.1% from the February 28th total of 1,197,800 shares. Based on an average trading volume of 600 shares, the short-interest ratio is presently 2,437.7 days.

Allegro.eu Price Performance

Shares of OTCMKTS:ALEGF opened at $7.65 on Wednesday. Allegro.eu has a 1-year low of $6.71 and a 1-year high of $7.65. The firm’s 50 day simple moving average is $7.33 and its two-hundred day simple moving average is $7.30.

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.