Secoo Holding Limited (NASDAQ:SECO) Sees Significant Increase in Short Interest

Secoo Holding Limited (NASDAQ:SECO) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 34,600 shares, a growth of 111.0% from the February 29th total of 16,400 shares. Currently, 2.9% of the shares of the company are sold short. Based on an average daily volume of 285,100 shares, the days-to-cover ratio is presently 0.1 days.

Secoo Trading Down 1.9 %

Secoo stock traded down $0.01 on Thursday, hitting $0.41. The company’s stock had a trading volume of 15,432 shares, compared to its average volume of 276,243. Secoo has a one year low of $0.26 and a one year high of $2.73. The company has a fifty day moving average price of $0.47 and a 200-day moving average price of $0.52.

About Secoo

Secoo Holding Limited, through its subsidiaries, operates an integrated online and offline shopping platform in the People's Republic of China, Hong Kong, and internationally. It provides upscale brand products and services, including handbags, watches, clothing, footwear, jewelry and accessories, cosmetics and skincare, home accessories, sportswear, home goods, fine food and beverage products, arts, 3C electronic devices, and Chinese original products, as well as lifestyle services through its website, mobile applications, and offline experience centers.