Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) Short Interest Update

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY - Get Free Report) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 106,500 shares, a decline of 86.6% from the March 31st total of 797,600 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 841,700 shares, the days-to-cover ratio is currently 0.1 days.

Industria de Diseño Textil Price Performance

OTCMKTS IDEXY traded up $0.54 during trading hours on Friday, reaching $28.05. The company's stock had a trading volume of 94,251 shares, compared to its average volume of 529,556. The firm has a market capitalization of $174.84 billion, a price-to-earnings ratio of 27.77, a P/E/G ratio of 2.38 and a beta of 1.07. The company's 50-day moving average is $25.99 and its two-hundred day moving average is $26.85. Industria de Diseño Textil has a 1-year low of $22.31 and a 1-year high of $30.11.

Industria de Diseño Textil (OTCMKTS:IDEXY - Get Free Report) last announced its earnings results on Wednesday, March 12th. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.25 by ($0.01). The business had revenue of $11.96 billion for the quarter, compared to analysts' expectations of $11.13 billion. Industria de Diseño Textil had a net margin of 15.19% and a return on equity of 32.33%. Equities analysts forecast that Industria de Diseño Textil will post 0.99 EPS for the current fiscal year.

Industria de Diseño Textil Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, May 19th. Investors of record on Thursday, May 1st will be given a dividend of $0.3187 per share. This represents a dividend yield of 2.21%. The ex-dividend date of this dividend is Wednesday, April 30th. This is an increase from Industria de Diseño Textil's previous dividend of $0.29. Industria de Diseño Textil's dividend payout ratio is 61.17%.

Analyst Ratings Changes

A number of brokerages have recently commented on IDEXY. BNP Paribas raised shares of Industria de Diseño Textil to a "strong-buy" rating in a research note on Tuesday. Citigroup upgraded shares of Industria de Diseño Textil to a "strong-buy" rating in a research report on Thursday, March 13th.

About Industria de Diseño Textil

Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household products. The company sells its products under the Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home brands. It is also involved in the textile manufacturing, logistics, design, insurance, construction, and real estate businesses, as well as provides financial services.

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