Westwing Group SE (OTCMKTS:WTWGF) Sees Significant Drop in Short Interest

Westwing Group SE (OTCMKTS:WTWGF) was the target of a large drop in short interest in January. As of January 15th, there was short interest totalling 600 shares, a drop of 14.3% from the December 31st total of 700 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is currently 0.3 days.

Westwing Group Price Performance

WTWGF opened at C$6.47 on Friday. The company’s 50 day simple moving average is C$6.47 and its two-hundred day simple moving average is C$6.47. Westwing Group has a 1-year low of C$6.38 and a 1-year high of C$8.36.

About Westwing Group

Westwing Group SE, together with its subsidiaries, engages in the home and living e-commerce business in Germany, Switzerland, Austria, Spain, Italy, France, Poland, the Czech Republic, the Slovak Republic, Belgium, and the Netherlands. It operates through two segments, DACH and International. The company offers textiles, furniture, kitchen accessories, decorations, rugs, and home accessories, as well as lighting, dining, and other products.