Short Interest in Zalando SE (OTCMKTS:ZLNDY) Increases By 76.0%

Zalando SE (OTCMKTS:ZLNDY - Get Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 4,400 shares, a growth of 76.0% from the January 31st total of 2,500 shares. Based on an average daily volume of 18,600 shares, the short-interest ratio is currently 0.2 days.

Zalando Stock Up 5.4 %

Shares of ZLNDY stock traded up $0.96 during trading hours on Wednesday, hitting $18.78. 5,040 shares of the company were exchanged, compared to its average volume of 12,327. The stock has a market capitalization of $9.91 billion, a price-to-earnings ratio of 44.71 and a beta of 1.71. Zalando has a one year low of $10.01 and a one year high of $20.64. The business's 50-day simple moving average is $17.79 and its two-hundred day simple moving average is $16.12. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.88 and a current ratio of 1.33.

Analyst Ratings Changes

Separately, UBS Group upgraded shares of Zalando from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 16th.

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.