Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) Short Interest Up 73.5% in December

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 17,000 shares, an increase of 73.5% from the December 15th total of 9,800 shares. Based on an average daily volume of 404,100 shares, the short-interest ratio is currently 0.0 days.

Industria de Diseño Textil Price Performance

Shares of OTCMKTS IDEXY traded up $0.44 during midday trading on Wednesday, hitting $25.80. 131,387 shares of the company’s stock were exchanged, compared to its average volume of 212,287. The firm’s fifty day simple moving average is $26.84 and its 200-day simple moving average is $26.86. The company has a market cap of $160.82 billion, a PE ratio of 25.54, a P/E/G ratio of 2.02 and a beta of 1.10. Industria de Diseño Textil has a twelve month low of $20.66 and a twelve month high of $30.11.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada lowered Industria de Diseño Textil from a “hold” rating to a “strong sell” rating in a report on Thursday, December 12th.

Industria de Diseño Textil Company Profile

Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household products. The company sells its products under the Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home brands. It is also involved in the textile manufacturing, logistics, design, insurance, construction, and real estate businesses, as well as provides financial services.