Zalando SE (OTCMKTS:ZLNDY) Short Interest Update

Zalando SE (OTCMKTS:ZLNDY) was the target of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 2,500 shares, an increase of 56.3% from the January 15th total of 1,600 shares. Based on an average daily volume of 25,000 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, UBS Group raised shares of Zalando from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 16th.

Zalando Trading Up 2.7 %

ZLNDY opened at $20.00 on Thursday. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.19. Zalando has a 52 week low of $10.01 and a 52 week high of $20.02. The stock has a market cap of $10.55 billion, a PE ratio of 45.74 and a beta of 1.71. The business has a 50 day moving average of $17.35 and a 200-day moving average of $15.43.

About Zalando

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.