Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) Short Interest Update

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY - Get Free Report) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 96,700 shares, an increase of 93.4% from the April 30th total of 50,000 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 385,800 shares, the short-interest ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on IDEXY. BNP Paribas raised 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 report on Thursday, March 13th.

Industria de Diseño Textil Stock Up 1.1%

Industria de Diseño Textil stock traded up $0.30 during mid-day trading on Wednesday, reaching $27.09. 1,181,239 shares of the company's stock were exchanged, compared to its average volume of 462,631. The company has a fifty day moving average of $26.42 and a 200-day moving average of $26.52. The company has a market cap of $168.86 billion, a P/E ratio of 26.82, a P/E/G ratio of 2.38 and a beta of 1.18. Industria de Diseño Textil has a twelve month low of $23.12 and a twelve month high of $30.11.

Industria de Diseño Textil (OTCMKTS:IDEXY - Get Free Report) last issued its quarterly earnings results on Wednesday, March 12th. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.01). Industria de Diseño Textil had a return on equity of 32.33% and a net margin of 15.19%. The company had revenue of $11.96 billion for the quarter, compared to analyst estimates of $11.13 billion. Equities research 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 business also recently disclosed a dividend, which was paid on Monday, May 19th. Investors of record on Thursday, May 1st were paid a dividend of $0.3187 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a dividend yield of 2.21%. This is a positive change from Industria de Diseño Textil's previous dividend of $0.29. Industria de Diseño Textil's dividend payout ratio (DPR) is presently 60.19%.

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.