Short Interest in Zalando (OTCMKTS:ZLNDY) Expands By 2,300.0%

Zalando (OTCMKTS:ZLNDY) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 2,400 shares, agrowthof2,300.0% from the July 15th total of 100 shares. Based on an average daily volume of 24,200 shares, the short-interest ratio is presently 0.1 days. Currently,0.0% of the company’s shares are sold short. Currently,0.0% of the company’s shares are sold short. Based on an average daily volume of 24,200 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Morgan Stanley reiterated an “underweight” rating on shares of Zalando in a report on Monday, July 14th. Cfra Research lowered shares of Zalando from a “moderate buy” rating to a “hold” rating in a report on Monday, August 11th. Finally, Citigroup reaffirmed a “buy” rating on shares of Zalando in a research report on Tuesday, May 13th.

Zalando Stock Down 1.1%

Shares of OTCMKTS:ZLNDY opened at $13.47 on Friday. The company has a quick ratio of 0.89, a current ratio of 1.36 and a debt-to-equity ratio of 0.18. Zalando has a 52-week low of $11.55 and a 52-week high of $20.64. The company has a 50 day moving average of $15.63 and a two-hundred day moving average of $17.27. The company has a market capitalization of $7.11 billion, a price-to-earnings ratio of 23.64 and a beta of 1.54.

Zalando (OTCMKTS:ZLNDY) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. Zalando had a net margin of 2.49% and a return on equity of 10.50%. The company had revenue of $3.28 billion during the quarter, compared to the consensus estimate of $2.52 billion. As a group, analysts forecast that Zalando will post 0.5 earnings per share for the current fiscal 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.