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

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

Allegro.eu Stock Performance

Shares of Allegro.eu stock opened at $7.65 on Wednesday. Allegro.eu has a twelve month low of $6.71 and a twelve month high of $7.65. The business has a 50-day moving average price of $7.33 and a 200-day moving average price of $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.