Zalando (OTCMKTS:ZLNDY) Short Interest Down 50.0% in July

Key Points

• Zalando experienced a significant reduction in short interest, with total shares sold short declining by 50% to 100 shares as of July 15th, 2023.
• The company's stock currently trades at $15.40 with a market capitalization of $8.13 billion and a price-to-earnings ratio of 27.50.
• Analysts have mixed ratings on Zalando, with Citigroup maintaining a "buy" rating while Morgan Stanley has an "underweight" rating on the stock.

Zalando (OTCMKTS:ZLNDY - Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 100 shares, adropof50.0% from the June 30th total of 200 shares. Approximately0.0% of the shares of the company are sold short. Based on an average trading volume of 18,300 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 18,300 shares, the short-interest ratio is presently 0.0 days. Approximately0.0% of the shares of the company are sold short.

Zalando Stock Performance

ZLNDY traded down $0.19 during trading on Friday, hitting $14.41. The stock had a trading volume of 22,289 shares, compared to its average volume of 10,709. The firm has a market capitalization of $7.61 billion, a P/E ratio of 25.73 and a beta of 1.54. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.89 and a current ratio of 1.36. Zalando has a twelve month low of $11.49 and a twelve month high of $20.64. The company's 50-day moving average price is $16.40 and its 200 day moving average price is $17.48.

Zalando (OTCMKTS:ZLNDY - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.02 earnings per share (EPS) for the quarter. Zalando had a net margin of 2.51% and a return on equity of 10.45%. The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.63 billion. On average, equities research analysts forecast that Zalando will post 0.5 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ZLNDY. Citigroup reaffirmed a "buy" rating on shares of Zalando in a report on Tuesday, May 13th. Morgan Stanley reaffirmed an "underweight" rating on shares of Zalando in a research note on Monday, July 14th.

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.