Zalando SE (OTCMKTS:ZLNDY) Short Interest Up 8,200.0% in December

Zalando SE (OTCMKTS:ZLNDY) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 8,300 shares, a growth of 8,200.0% from the November 30th total of 100 shares. Based on an average trading volume of 27,100 shares, the days-to-cover ratio is presently 0.3 days.

Zalando Trading Up 1.3 %

Shares of Zalando stock opened at $17.38 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.33 and a quick ratio of 0.88. The company’s fifty day moving average price is $15.95 and its two-hundred day moving average price is $14.26. Zalando has a 52-week low of $8.68 and a 52-week high of $18.67. The firm has a market capitalization of $9.17 billion, a PE ratio of 41.38 and a beta of 1.75.

Wall Street Analyst Weigh In

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

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.