Zalando SE (OTCMKTS:ZLNDY) Short Interest Update

Zalando SE (OTCMKTS:ZLNDY) saw a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 2,200 shares, a drop of 60.0% from the March 31st total of 5,500 shares. Based on an average daily trading volume, of 44,200 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Zalando Price Performance

OTCMKTS:ZLNDY opened at $19.29 on Wednesday. The business’s 50-day moving average price is $18.02 and its 200 day moving average price is $17.16. The firm has a market cap of $10.18 billion, a P/E ratio of 45.93 and a beta of 1.79. Zalando has a 52-week low of $11.35 and a 52-week high of $20.64. 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 (OTCMKTS:ZLNDY) last released 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 company had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.40 billion. As a group, sell-side analysts predict that Zalando will post 0.5 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, UBS Group raised Zalando from a “hold” rating to a “strong-buy” rating in a report 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.