Zalando SE (OTCMKTS:ZLNDY) Sees Large Decrease in Short Interest

Zalando SE (OTCMKTS:ZLNDY) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 35,100 shares, a drop of 40.8% from the March 31st total of 59,300 shares. Based on an average trading volume of 83,300 shares, the short-interest ratio is currently 0.4 days.

Zalando Price Performance

Shares of OTCMKTS ZLNDY opened at $13.42 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.49 and a debt-to-equity ratio of 0.40. The business’s 50 day moving average price is $12.42 and its two-hundred day moving average price is $11.67. The company has a market cap of $7.08 billion, a PE ratio of 78.94, a price-to-earnings-growth ratio of 0.68 and a beta of 1.79. Zalando has a twelve month low of $8.68 and a twelve month high of $20.67.

Zalando (OTCMKTS:ZLNDY) last posted its earnings results on Tuesday, March 12th. The company reported $0.15 earnings per share for the quarter. Zalando had a return on equity of 3.64% and a net margin of 0.82%. The business had revenue of $3.29 billion for the quarter. On average, analysts predict that Zalando will post 0.6 EPS for the current 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.