Zalando SE (OTCMKTS:ZLNDY) Short Interest Update

Zalando SE (OTCMKTS:ZLNDY) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 500 shares, a decline of 94.9% from the April 30th total of 9,800 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 27,900 shares, the short-interest ratio is presently 0.0 days.

Zalando Stock Down 4.0%

Shares of OTCMKTS ZLNDY traded down $0.73 during midday trading on Wednesday, hitting $17.72. The stock had a trading volume of 5,494 shares, compared to its average volume of 12,893. The business’s 50 day moving average is $17.93 and its 200-day moving average is $17.45. The company has a market cap of $9.35 billion, a P/E ratio of 42.19 and a beta of 1.71. 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 issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.63 billion. Zalando had a net margin of 1.97% and a return on equity of 8.34%. As a group, analysts predict that Zalando will post 0.5 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Citigroup reissued a “buy” rating on shares of Zalando in a research note on Tuesday, May 13th.

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.