Zalando SE (OTCMKTS:ZLNDY) Short Interest Down 25.0% in March

Zalando SE (OTCMKTS:ZLNDY) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 3,000 shares, a decrease of 25.0% from the February 28th total of 4,000 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 22,800 shares, the days-to-cover ratio is currently 0.1 days.

Zalando Trading Down 1.0 %

Shares of ZLNDY opened at $17.24 on Tuesday. The firm has a market capitalization of $9.10 billion, a price-to-earnings ratio of 41.05 and a beta of 1.75. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.33 and a quick ratio of 0.88. Zalando has a 1-year low of $11.35 and a 1-year high of $20.64. The company has a 50-day moving average of $18.18 and a 200 day moving average of $16.71.

Zalando (OTCMKTS:ZLNDY) last issued its earnings results on Thursday, March 6th. The company reported $0.25 earnings per share for the quarter. Zalando had a return on equity of 8.34% and a net margin of 1.97%. The business had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.40 billion. On average, research analysts expect that Zalando will post 0.5 EPS for the current year.

Analysts Set New Price Targets

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

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.