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

Zalando SE (OTCMKTS:ZLNDY) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totalling 700 shares, a decrease of 88.9% from the August 31st total of 6,300 shares. Based on an average trading volume of 84,100 shares, the short-interest ratio is presently 0.0 days.

Zalando Stock Up 3.5 %

Shares of OTCMKTS:ZLNDY opened at $16.15 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.48 and a debt-to-equity ratio of 0.35. The business’s 50 day moving average is $13.11 and its 200 day moving average is $13.04. The stock has a market cap of $8.52 billion, a P/E ratio of 70.22 and a beta of 1.73. Zalando has a 52-week low of $8.68 and a 52-week high of $16.18.

Zalando (OTCMKTS:ZLNDY) last posted its quarterly earnings results on Monday, August 5th. The company reported $0.20 earnings per share (EPS) for the quarter. The business had revenue of $2.85 billion for the quarter. Zalando had a return on equity of 6.32% and a net margin of 1.48%. Sell-side analysts predict that Zalando will post 0.47 EPS for the current 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.