Short Interest in Zalando SE (OTCMKTS:ZLNDY) Decreases By 55.1%

Zalando SE (OTCMKTS:ZLNDY) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 8,300 shares, a drop of 55.1% from the July 15th total of 18,500 shares. Based on an average trading volume of 71,700 shares, the short-interest ratio is currently 0.1 days.

Zalando Price Performance

OTCMKTS ZLNDY opened at $12.28 on Thursday. Zalando has a 12-month low of $8.68 and a 12-month high of $15.69. 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’s 50 day moving average is $12.46 and its 200-day moving average is $12.39. The company has a market capitalization of $6.48 billion, a PE ratio of 53.39 and a beta of 1.71.

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.