Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) Sees Large Decrease in Short Interest

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 7,400 shares, a decrease of 91.4% from the September 30th total of 86,400 shares. Based on an average daily volume of 264,700 shares, the short-interest ratio is currently 0.0 days.

Industria de Diseño Textil Trading Down 1.1 %

IDEXY traded down $0.32 during trading hours on Friday, hitting $29.37. The company’s stock had a trading volume of 232,194 shares, compared to its average volume of 143,900. The company has a 50-day simple moving average of $28.18 and a 200 day simple moving average of $25.56. The firm has a market capitalization of $183.07 billion, a PE ratio of 30.93, a PEG ratio of 2.14 and a beta of 1.12. Industria de Diseño Textil has a fifty-two week low of $17.01 and a fifty-two week high of $30.11.

Industria de Diseño Textil (OTCMKTS:IDEXY) last issued its quarterly earnings data on Wednesday, September 11th. The company reported $0.26 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.26. The business had revenue of $10.72 billion for the quarter, compared to analysts’ expectations of $10.71 billion. Industria de Diseño Textil had a net margin of 15.16% and a return on equity of 32.12%. Research analysts expect that Industria de Diseño Textil will post 1.07 earnings per share for the current fiscal year.

Industria de Diseño Textil Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, November 19th. Stockholders of record on Friday, November 1st will be issued a $0.2922 dividend. The ex-dividend date is Friday, November 1st. This is a boost from Industria de Diseño Textil’s previous dividend of $0.29. Industria de Diseño Textil’s dividend payout ratio (DPR) is 60.42%.

Industria de Diseño Textil Company Profile

Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household products. The company sells its products under the Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home brands. It is also involved in the textile manufacturing, logistics, design, insurance, construction, and real estate businesses, as well as provides financial services.