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

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY - Get Free Report) saw a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 38,400 shares, a drop of 60.3% from the May 15th total of 96,700 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 571,400 shares, the short-interest ratio is presently 0.1 days.

Industria de Diseño Textil Stock Performance

Shares of IDEXY traded down $0.71 during mid-day trading on Tuesday, reaching $25.72. The stock had a trading volume of 153,355 shares, compared to its average volume of 439,762. The firm has a market cap of $160.32 billion, a price-to-earnings ratio of 25.47, a PEG ratio of 2.38 and a beta of 1.14. Industria de Diseño Textil has a 12 month low of $23.12 and a 12 month high of $30.11. The business has a fifty day moving average of $26.86 and a 200 day moving average of $26.50.

Industria de Diseño Textil (OTCMKTS:IDEXY - Get Free Report) last released its quarterly earnings data on Wednesday, June 11th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.02). The company had revenue of $9.45 billion for the quarter, compared to the consensus estimate of $8.53 billion. Industria de Diseño Textil had a net margin of 15.19% and a return on equity of 32.33%. On average, research analysts forecast that Industria de Diseño Textil will post 0.99 EPS for the current fiscal year.

Industria de Diseño Textil Increases Dividend

The company also recently declared a dividend, which was paid on Monday, May 19th. Shareholders of record on Thursday, May 1st were issued a dividend of $0.3187 per share. This represents a yield of 2.21%. The ex-dividend date was Wednesday, April 30th. 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 currently 60.19%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on IDEXY shares. BNP Paribas upgraded shares of Industria de Diseño Textil to a "strong-buy" rating in a report on Tuesday, April 22nd. Citigroup upgraded Industria de Diseño Textil to a "strong-buy" rating in a research note on Thursday, March 13th.

About Industria de Diseño Textil

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.