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

Zalando SE (OTCMKTS:ZLNDY - Get Free Report) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 5,500 shares, an increase of 83.3% from the March 15th total of 3,000 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 18,600 shares, the short-interest ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

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 Price Performance

ZLNDY traded up $0.46 on Friday, hitting $19.43. 12,591 shares of the company's stock were exchanged, compared to its average volume of 13,256. The firm has a 50-day moving average price of $18.06 and a 200-day moving average price of $16.99. The stock has a market cap of $10.26 billion, a price-to-earnings ratio of 46.26 and a beta of 1.79. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.19. Zalando has a fifty-two week low of $11.35 and a fifty-two week high of $20.64.

Zalando (OTCMKTS:ZLNDY - Get Free Report) last released its quarterly earnings data on Thursday, March 6th. The company reported $0.25 earnings per share for the quarter. The company had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.40 billion. Zalando had a return on equity of 8.34% and a net margin of 1.97%. As a group, equities analysts anticipate that Zalando will post 0.5 earnings per share for the current year.

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.