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

Zalando SE (OTCMKTS:ZLNDY - Get Free Report) was the target of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 2,500 shares, an increase of 56.3% from the January 15th total of 1,600 shares. Based on an average trading volume of 25,000 shares, the short-interest ratio is currently 0.1 days.

Zalando Stock Up 0.9 %

Shares of ZLNDY traded up $0.19 during mid-day trading on Friday, reaching $20.58. 4,029 shares of the stock traded hands, compared to its average volume of 12,978. The firm has a market cap of $10.86 billion, a price-to-earnings ratio of 48.99 and a beta of 1.71. The stock has a fifty day simple moving average of $17.45 and a 200 day simple moving average of $15.52. Zalando has a 12-month low of $10.01 and a 12-month high of $20.64. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.19.

Wall Street Analysts Forecast Growth

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

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.