Zalando SE (OTCMKTS:ZLNDY) Short Interest Update

Zalando SE (OTCMKTS:ZLNDY) was the recipient of a large decrease in short interest in October. As of October 31st, there was short interest totalling 12,800 shares, a decrease of 46.0% from the October 15th total of 23,700 shares. Based on an average daily trading volume, of 23,500 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Ratings Changes

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

Zalando Stock Down 0.5 %

OTCMKTS:ZLNDY opened at $14.52 on Thursday. The stock’s fifty day moving average price is $15.03 and its two-hundred day moving average price is $13.57. Zalando has a 52-week low of $8.68 and a 52-week high of $17.10. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.08 and a current ratio of 1.48. The company has a market cap of $7.66 billion, a price-to-earnings ratio of 34.74 and a beta of 1.76.

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.