Short Interest in Zalando SE (OTCMKTS:ZLNDY) Expands By 76.0%

Zalando SE (OTCMKTS:ZLNDY) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 4,400 shares, an increase of 76.0% from the January 31st total of 2,500 shares. Based on an average trading volume of 18,600 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded Zalando from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 16th.

Zalando Price Performance

Shares of ZLNDY stock opened at $17.95 on Friday. The firm has a market cap of $9.48 billion, a price-to-earnings ratio of 42.74 and a beta of 1.71. Zalando has a 12 month low of $10.01 and a 12 month high of $20.64. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.19. The stock has a 50-day moving average price of $17.76 and a 200 day moving average price of $16.00.

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.