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

Westwing Group SE (OTCMKTS:WTWGF) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 8,979 shares, an increase of 77.9% from the September 15th total of 5,047 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Westwing Group Stock Performance

Shares of OTCMKTS:WTWGF opened at C$18.45 on Friday. Westwing Group has a 12 month low of C$16.31 and a 12 month high of C$18.45. The firm’s 50-day moving average is C$18.45 and its 200 day moving average is C$18.04.

Westwing Group Company Profile

Westwing Group SE is a Germany-based e-commerce company focused on the premium home and living market. Through its digital platform, the company offers furniture, home décor, textiles, lighting, kitchen products and accessories, presenting a curated selection designed to help customers furnish and personalize their homes.

Westwing operates through shopping formats that include limited-time sales, a continuously available assortment and its own Westwing Collection brand. The company also offers products from selected third-party brands and uses editorial content, interior-design inspiration and personalized recommendations to support its online retail model.

Founded in 2011 and headquartered in Munich, Westwing serves customers in several European markets, including Germany, Austria, Switzerland, the Netherlands, Belgium, Italy and Spain.