Zalando SE (OTCMKTS:ZLNDY) Short Interest Up 690.0% in October

Zalando SE (OTCMKTS:ZLNDY) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 23,700 shares, a growth of 690.0% from the September 30th total of 3,000 shares. Based on an average daily volume of 34,100 shares, the short-interest ratio is currently 0.7 days.

Zalando Price Performance

Zalando stock opened at $15.63 on Friday. The firm has a market capitalization of $8.25 billion, a P/E ratio of 67.96 and a beta of 1.75. Zalando has a one year low of $8.68 and a one year high of $17.10. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.48 and a quick ratio of 1.08. The business has a fifty day moving average price of $14.61 and a 200-day moving average price of $13.49.

Zalando (OTCMKTS:ZLNDY) last issued its earnings results on Monday, August 5th. The company reported $0.20 EPS for the quarter. Zalando had a return on equity of 6.32% and a net margin of 1.48%. The business had revenue of $2.85 billion during the quarter. As a group, equities research analysts forecast that Zalando will post 0.45 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Citigroup raised shares of Zalando to a “strong-buy” rating in a report on Thursday, October 3rd.

Zalando Company Profile

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.