Zalando SE (OTCMKTS:ZLNDY) Short Interest Down 47.9% in March

Zalando SE (OTCMKTS:ZLNDY) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 43,000 shares, a drop of 47.9% from the February 29th total of 82,500 shares. Based on an average trading volume of 140,500 shares, the short-interest ratio is presently 0.3 days.

Zalando Stock Performance

Shares of ZLNDY stock opened at $14.26 on Friday. The company’s fifty day simple moving average is $10.90 and its 200-day simple moving average is $11.42. Zalando has a 52 week low of $8.68 and a 52 week high of $21.06. The company has a current ratio of 0.69, a quick ratio of 0.42 and a debt-to-equity ratio of 0.41. The company has a market cap of $7.52 billion, a PE ratio of 83.88, a P/E/G ratio of 0.66 and a beta of 1.75.

Zalando (OTCMKTS:ZLNDY) last issued its earnings results on Tuesday, March 12th. The company reported $0.15 EPS for the quarter. Zalando had a net margin of 0.82% and a return on equity of 3.68%. The business had revenue of $3.29 billion for the quarter. As a group, equities research analysts anticipate that Zalando will post 0.6 EPS for the current year.

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.