Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) Short Interest Down 86.6% in April

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY - Get Free Report) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 106,500 shares, a decrease of 86.6% from the March 31st total of 797,600 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 841,700 shares, the short-interest ratio is presently 0.1 days.

Industria de Diseño Textil Trading Down 1.8 %

IDEXY stock traded down $0.50 during mid-day trading on Wednesday, hitting $26.92. The stock had a trading volume of 154,147 shares, compared to its average volume of 516,835. Industria de Diseño Textil has a 1-year low of $22.31 and a 1-year high of $30.11. The company has a fifty day moving average of $25.97 and a 200 day moving average of $26.82. The stock has a market capitalization of $167.80 billion, a price-to-earnings ratio of 26.65, a PEG ratio of 2.38 and a beta of 1.07.

Industria de Diseño Textil (OTCMKTS:IDEXY - Get Free Report) last announced its quarterly earnings results on Wednesday, March 12th. The company reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $0.25 by ($0.01). The company had revenue of $11.96 billion during the quarter, compared to analyst estimates of $11.13 billion. Industria de Diseño Textil had a return on equity of 32.33% and a net margin of 15.19%. As a group, sell-side analysts expect that Industria de Diseño Textil will post 0.99 earnings per share for the current fiscal year.

Industria de Diseño Textil Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, May 19th. Shareholders of record on Thursday, May 1st will be issued a $0.3187 dividend. This is a boost from Industria de Diseño Textil's previous dividend of $0.29. The ex-dividend date is Wednesday, April 30th. This represents a yield of 2.21%. Industria de Diseño Textil's dividend payout ratio is 61.17%.

Analyst Upgrades and Downgrades

Several brokerages have commented on IDEXY. BNP Paribas upgraded shares of Industria de Diseño Textil to a "strong-buy" rating in a report on Tuesday, April 22nd. Citigroup raised shares of Industria de Diseño Textil to a "strong-buy" rating in a research note on Thursday, March 13th.

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.