Zalando SE (OTCMKTS:ZLNDY) Short Interest Down 25.0% in March

Zalando SE (OTCMKTS:ZLNDY) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 3,000 shares, a drop of 25.0% from the February 28th total of 4,000 shares. Based on an average daily trading volume, of 22,800 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Zalando Price Performance

ZLNDY stock opened at $17.43 on Friday. The firm has a 50 day simple moving average of $18.16 and a two-hundred day simple moving average of $16.64. The stock has a market cap of $9.20 billion, a PE ratio of 41.49 and a beta of 1.75. Zalando has a one year low of $11.35 and a one year high of $20.64. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.33 and a quick ratio of 0.88.

Zalando (OTCMKTS:ZLNDY) last announced its quarterly earnings data on Thursday, March 6th. The company reported $0.25 EPS for the quarter. Zalando had a return on equity of 8.34% and a net margin of 1.97%. The firm had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.40 billion. On average, analysts predict that Zalando will post 0.5 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, UBS Group raised 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.