Zalando SE (OTCMKTS:ZLNDY) Short Interest Update

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

Wall Street Analyst Weigh In

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

Zalando Stock Performance

Shares of ZLNDY stock opened at $14.46 on Wednesday. The firm’s 50 day moving average is $16.12 and its 200 day moving average is $14.69. The stock has a market capitalization of $7.63 billion, a P/E ratio of 34.43 and a beta of 1.70. Zalando has a 12 month low of $8.68 and a 12 month high of $18.67. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.19.

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.