Zalando SE (OTCMKTS:ZLNDY) Short Interest Update

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

Analyst Ratings Changes

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

Zalando Stock Performance

OTCMKTS:ZLNDY opened at $17.02 on Friday. Zalando has a 52-week low of $8.68 and a 52-week high of $18.67. The business’s fifty day moving average is $15.97 and its 200 day moving average is $14.29. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.88 and a current ratio of 1.33. The firm has a market cap of $8.98 billion, a price-to-earnings ratio of 40.52 and a beta of 1.75.

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.