Zalando SE (OTCMKTS:ZLNDY) Short Interest Update

Zalando SE (OTCMKTS:ZLNDY) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 8,300 shares, an increase of 8,200.0% from the November 30th total of 100 shares. Based on an average daily volume of 27,100 shares, the short-interest ratio is presently 0.3 days.

Zalando Stock Up 0.9 %

OTCMKTS:ZLNDY traded up $0.08 during trading hours on Thursday, reaching $17.16. 1,845 shares of the company traded hands, compared to its average volume of 44,025. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $9.05 billion, a P/E ratio of 40.86 and a beta of 1.75. Zalando has a 1 year low of $8.68 and a 1 year high of $18.67. The business’s 50-day moving average price is $15.94 and its two-hundred day moving average price is $14.24.

Analyst Upgrades and Downgrades

Separately, Citigroup raised Zalando to a “strong-buy” rating in a report on Thursday, October 3rd.

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.