Zalando SE (OTCMKTS:ZLNDY) Short Interest Update

Zalando SE (OTCMKTS:ZLNDY) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 3,000 shares, an increase of 328.6% from the September 15th total of 700 shares. Based on an average daily trading volume, of 61,400 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Citigroup upgraded Zalando to a “strong-buy” rating in a report on Thursday, October 3rd.

Zalando Stock Down 0.6 %

Shares of OTCMKTS ZLNDY opened at $16.48 on Friday. The firm has a market cap of $8.69 billion, a price-to-earnings ratio of 53.16 and a beta of 1.75. Zalando has a 1 year low of $8.68 and a 1 year high of $17.10. The stock’s 50-day simple moving average is $13.86 and its 200-day simple moving average is $13.34. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.08 and a current ratio of 1.48.

Zalando (OTCMKTS:ZLNDY) last posted its quarterly earnings results on Monday, August 5th. The company reported $0.20 EPS for the quarter. Zalando had a return on equity of 6.32% and a net margin of 1.48%. The business had revenue of $2.85 billion during the quarter. As a group, equities analysts anticipate that Zalando will post 0.45 earnings per share for the current fiscal year.

Zalando Company Profile

Zalando SE operates an online platform for fashion and lifestyle products. The company operates through Fashion Store and Offprice segments. It provides shoes, apparel, accessories, and beauty products with free delivery and returns, as well as various payment options. The company also sells its products through Lounge by Zalando; and brick-and-mortar outlet stores.