Zalando SE (OTCMKTS:ZLNDY) Short Interest Down 60.2% in January

Zalando SE (OTCMKTS:ZLNDY) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 3,300 shares, a drop of 60.2% from the December 31st total of 8,300 shares. Based on an average daily volume of 17,400 shares, the short-interest ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ZLNDY. Citigroup raised Zalando to a “strong-buy” rating in a research note on Thursday, October 3rd. UBS Group raised Zalando from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 16th.

Zalando Stock Down 0.1 %

ZLNDY stock opened at $18.20 on Thursday. 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 has a 50-day moving average of $16.67 and a two-hundred day moving average of $15.01. The stock has a market capitalization of $9.60 billion, a price-to-earnings ratio of 43.33 and a beta of 1.70. Zalando has a 52-week low of $9.73 and a 52-week high of $18.67.

Zalando (OTCMKTS:ZLNDY) last released its earnings results on Tuesday, November 5th. The company reported $0.09 EPS for the quarter. Zalando had a net margin of 1.97% and a return on equity of 8.34%. The firm had revenue of $2.63 billion during the quarter. As a group, equities research analysts anticipate that Zalando will post 0.5 EPS for the current year.

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.