Zalando SE (OTCMKTS:ZLNDY) Sees Significant Growth in Short Interest

Zalando SE (OTCMKTS:ZLNDY - Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 23,700 shares, an increase of 690.0% from the September 30th total of 3,000 shares. Based on an average daily volume of 34,100 shares, the short-interest ratio is presently 0.7 days.

Zalando Price Performance

OTCMKTS ZLNDY traded up $0.17 during trading hours on Friday, reaching $15.63. The company's stock had a trading volume of 18,681 shares, compared to its average volume of 50,306. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.08 and a current ratio of 1.48. The stock has a market cap of $8.25 billion, a PE ratio of 67.96 and a beta of 1.75. The company's 50-day moving average is $14.61 and its two-hundred day moving average is $13.49. Zalando has a fifty-two week low of $8.68 and a fifty-two week high of $17.10.

Zalando (OTCMKTS:ZLNDY - Get Free Report) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.20 earnings per share (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 for the quarter. Analysts forecast that Zalando will post 0.45 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Citigroup raised Zalando to a "strong-buy" rating in a report on Thursday, October 3rd.

About Zalando

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.