Short Interest in Zalando SE (OTCMKTS:ZLNDY) Decreases By 60.2%

Zalando SE (OTCMKTS:ZLNDY) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 3,300 shares, a decrease of 60.2% from the December 31st total of 8,300 shares. Based on an average daily trading volume, of 17,400 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

ZLNDY has been the subject of several recent research reports. Citigroup upgraded shares of Zalando to a “strong-buy” rating in a research note on Thursday, October 3rd. UBS Group upgraded shares of Zalando from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 16th.

Zalando Trading Up 4.8 %

ZLNDY stock traded up $0.83 during midday trading on Tuesday, hitting $18.24. The stock had a trading volume of 3,920 shares, compared to its average volume of 13,316. The firm has a market cap of $9.62 billion, a PE ratio of 43.43 and a beta of 1.70. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.33 and a quick ratio of 0.88. Zalando has a 12-month low of $9.73 and a 12-month high of $18.67. The company’s 50-day moving average price is $16.52 and its 200 day moving average price is $14.95.

Zalando (OTCMKTS:ZLNDY) last released its earnings results on Tuesday, November 5th. The company reported $0.09 EPS for the quarter. The firm had revenue of $2.63 billion during the quarter. Zalando had a net margin of 1.97% and a return on equity of 8.34%. On average, equities research analysts predict 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.