Zalando SE (OTCMKTS:ZLNDY) Sees Significant Increase in Short Interest

Zalando SE (OTCMKTS:ZLNDY) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totalling 6,600 shares, an increase of 200.0% from the June 15th total of 2,200 shares. Based on an average daily trading volume, of 72,500 shares, the short-interest ratio is presently 0.1 days.

Zalando Trading Up 0.5 %

Zalando stock traded up $0.07 during mid-day trading on Friday, hitting $12.97. 16,246 shares of the company’s stock were exchanged, compared to its average volume of 32,290. Zalando has a fifty-two week low of $8.68 and a fifty-two week high of $17.39. The company has a quick ratio of 1.06, a current ratio of 1.53 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $6.84 billion, a P/E ratio of 56.39 and a beta of 1.71. The company’s 50 day simple moving average is $12.69 and its 200-day simple moving average is $11.99.

Zalando (OTCMKTS:ZLNDY) last released its quarterly earnings results on Tuesday, May 7th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $2.43 billion during the quarter. Zalando had a net margin of 1.11% and a return on equity of 4.78%.

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.