Zalando SE (OTCMKTS:ZLNDY) Short Interest Up 83.3% in March

Zalando SE (OTCMKTS:ZLNDY) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 5,500 shares, a growth of 83.3% from the March 15th total of 3,000 shares. Based on an average trading volume of 18,600 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

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

Zalando Stock Up 2.4 %

Shares of Zalando stock opened at $19.43 on Friday. The firm has a market cap of $10.26 billion, a P/E ratio of 46.26 and a beta of 1.79. The business has a 50-day moving average price of $18.06 and a 200 day moving average price of $16.93. The company has a quick ratio of 0.88, a current ratio of 1.33 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) last issued its earnings results on Thursday, March 6th. The company reported $0.25 earnings per share for the quarter. The firm 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%. On average, sell-side analysts forecast that Zalando will post 0.5 earnings per share for the current fiscal year.

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.