Zalando SE (OTCMKTS:ZLNDY) Short Interest Down 60.2% in December

Zalando SE (OTCMKTS:ZLNDY - Get Free Report) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 3,300 shares, a drop of 60.2% from the December 15th total of 8,300 shares. Based on an average daily trading volume, of 17,400 shares, the short-interest ratio is currently 0.2 days.

Zalando Stock Down 8.2 %

OTCMKTS ZLNDY traded down $1.32 during trading hours on Monday, reaching $14.66. 28,409 shares of the company's stock traded hands, compared to its average volume of 10,935. Zalando has a 52-week low of $8.68 and a 52-week high of $18.67. The firm has a market cap of $7.73 billion, a PE ratio of 34.90 and a beta of 1.70. The firm has a 50-day simple moving average of $16.15 and a 200 day simple moving average of $14.65. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.33 and a quick ratio of 0.88.

Analysts Set New Price Targets

Separately, Citigroup raised shares of 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.