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

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

Analyst Ratings Changes

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

Industria de Diseño Textil Trading Down 1.5%

OTCMKTS IDEXY traded down $0.40 on Wednesday, reaching $26.79. The company's stock had a trading volume of 122,644 shares, compared to its average volume of 455,722. The business has a 50-day moving average price of $26.38 and a 200 day moving average price of $26.52. Industria de Diseño Textil has a 52 week low of $23.12 and a 52 week high of $30.11. The firm has a market cap of $166.99 billion, a PE ratio of 26.53, a price-to-earnings-growth ratio of 2.38 and a beta of 1.18.

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

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.