Short Interest in Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) Expands By 358.1%

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 33,900 shares, a growth of 358.1% from the October 15th total of 7,400 shares. Based on an average trading volume of 509,500 shares, the days-to-cover ratio is currently 0.1 days.

Industria de Diseño Textil Price Performance

IDEXY traded up $0.17 during trading on Wednesday, reaching $26.81. 253,050 shares of the company were exchanged, compared to its average volume of 143,076. The firm has a 50 day moving average of $28.54 and a 200 day moving average of $26.02. Industria de Diseño Textil has a 52 week low of $18.25 and a 52 week high of $30.11.

Industria de Diseño Textil (OTCMKTS:IDEXY) last issued its quarterly earnings data on Wednesday, September 11th. The company reported $0.26 EPS for the quarter, hitting analysts’ consensus estimates of $0.26. The firm had revenue of $10.72 billion during the quarter, compared to the consensus estimate of $10.71 billion. Industria de Diseño Textil had a return on equity of 32.12% and a net margin of 15.16%. On average, research analysts forecast that Industria de Diseño Textil will post 1.07 earnings per share for the current 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 paid a $0.2922 dividend. This is a boost from Industria de Diseño Textil’s previous dividend of $0.29. The ex-dividend date is Friday, November 1st. Industria de Diseño Textil’s dividend payout ratio is presently 58.16%.

Industria de Diseño Textil Company Profile

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.