Zalando (OTCMKTS:ZLNDY) Short Interest Update

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 large decline in short interest during the month of July. As of July 15th, there was short interest totalling 100 shares, a decline of 50.0% from the June 30th total of 200 shares. Based on an average trading volume of 18,300 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ZLNDY. Citigroup reiterated a "buy" rating on shares of Zalando in a research note on Tuesday, May 13th. Morgan Stanley restated an "underweight" rating on shares of Zalando in a research note on Monday, July 14th.

Zalando Price Performance

ZLNDY stock traded down $0.02 during midday trading on Tuesday, hitting $15.40. The company's stock had a trading volume of 12,194 shares, compared to its average volume of 12,787. Zalando has a 12 month low of $11.49 and a 12 month high of $20.64. The company has a quick ratio of 0.89, a current ratio of 1.36 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $8.13 billion, a price-to-earnings ratio of 27.50 and a beta of 1.53. The company has a 50 day moving average of $16.58 and a two-hundred day moving average of $17.51.

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

About Zalando

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.

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