Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) Sees Significant Drop in Short Interest

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 7,400 shares, a drop of 91.4% from the September 30th total of 86,400 shares. Based on an average daily volume of 264,700 shares, the short-interest ratio is presently 0.0 days.

Industria de Diseño Textil Price Performance

OTCMKTS:IDEXY traded down $0.32 during mid-day trading on Friday, reaching $29.37. The stock had a trading volume of 232,194 shares, compared to its average volume of 143,900. The company has a market capitalization of $183.07 billion, a price-to-earnings ratio of 30.93, a price-to-earnings-growth ratio of 2.14 and a beta of 1.12. Industria de Diseño Textil has a 1-year low of $17.01 and a 1-year high of $30.11. The stock’s 50 day simple moving average is $28.18 and its two-hundred day simple moving average is $25.56.

Industria de Diseño Textil (OTCMKTS:IDEXY) last issued its earnings results on Wednesday, September 11th. The company reported $0.26 EPS for the quarter, hitting the consensus estimate of $0.26. The company had revenue of $10.72 billion during the quarter, compared to analyst estimates of $10.71 billion. Industria de Diseño Textil had a return on equity of 32.12% and a net margin of 15.16%. Sell-side analysts anticipate that Industria de Diseño Textil will post 1.07 EPS for the current fiscal year.

Industria de Diseño Textil Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, November 19th. Stockholders of record on Friday, November 1st will be given a $0.2922 dividend. This is an increase from Industria de Diseño Textil’s previous dividend of $0.29. The ex-dividend date of this dividend is Friday, November 1st. Industria de Diseño Textil’s dividend payout ratio (DPR) is presently 60.42%.

About Industria de Diseño Textil

Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household products. The company sells its products under the Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home brands. It is also involved in the textile manufacturing, logistics, design, insurance, construction, and real estate businesses, as well as provides financial services.