Short Interest in Zalando (OTCMKTS:ZLNDY) Expands By 39.5%

Zalando (OTCMKTS:ZLNDY) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 21,200 shares, an increase of 39.5% from the September 30th total of 15,200 shares. Based on an average daily volume of 40,800 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 40,800 shares, the short-interest ratio is currently 0.5 days.

Zalando Trading Down 3.4%

OTCMKTS ZLNDY opened at $13.04 on Wednesday. The company has a quick ratio of 0.98, a current ratio of 1.38 and a debt-to-equity ratio of 0.17. Zalando has a 52 week low of $12.97 and a 52 week high of $20.64. The stock has a market capitalization of $6.88 billion, a PE ratio of 22.87 and a beta of 1.57. The firm has a 50 day moving average of $15.02 and a two-hundred day moving average of $15.94.

Zalando (OTCMKTS:ZLNDY) last issued its earnings results on Wednesday, August 6th. The company reported $0.21 EPS for the quarter, hitting analysts’ consensus estimates of $0.21. The firm had revenue of $3.28 billion during the quarter, compared to the consensus estimate of $2.52 billion. Zalando had a net margin of 2.49% and a return on equity of 10.19%. As a group, research analysts expect that Zalando will post 0.5 EPS for the current fiscal year.

Analyst Ratings Changes

ZLNDY has been the subject of several research reports. Baader Bank upgraded shares of Zalando to a “buy” rating in a report on Monday, August 18th. Citigroup reiterated a “buy” rating on shares of Zalando in a report on Friday, September 26th. Morgan Stanley reiterated an “underweight” rating on shares of Zalando in a report on Monday, July 14th. Finally, Cfra Research downgraded shares of Zalando from a “moderate buy” rating to a “hold” rating in a report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.