Short Interest in Zalando SE (OTCMKTS:ZLNDY) Declines By 60.0%

Zalando SE (OTCMKTS:ZLNDY) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 2,200 shares, a decrease of 60.0% from the March 31st total of 5,500 shares. Based on an average daily volume of 44,200 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, UBS Group upgraded shares of Zalando from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 16th.

Zalando Stock Down 3.8 %

ZLNDY stock opened at $19.46 on Monday. The company’s 50 day simple moving average is $18.02 and its 200-day simple moving average is $17.12. The firm has a market capitalization of $10.27 billion, a PE ratio of 46.33 and a beta of 1.79. Zalando has a 12 month low of $11.35 and a 12 month high of $20.64. 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 (OTCMKTS:ZLNDY) last announced its earnings results on Thursday, March 6th. The company reported $0.25 earnings per share (EPS) for the quarter. Zalando had a net margin of 1.97% and a return on equity of 8.34%. The firm had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.40 billion. Equities analysts expect 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.