Zalando (OTCMKTS:ZLNDY) Short Interest Update

Key Points

• Zalando's short interest significantly decreased by 96.8% in August, dropping from 6,300 shares to just 200 shares, resulting in a short-interest ratio of 0.0 days.
• The company reported a quarterly earnings per share of $0.21, aligning with analysts' expectations, and achieved revenues of $3.28 billion, surpassing the consensus estimate of $2.52 billion.
• Among analysts, Zalando holds a Moderate Buy rating, with varying recommendations, including one Strong Buy, two Buy, one Hold, and one Sell rating.

Zalando (OTCMKTS:ZLNDY - Get Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 200 shares, a decrease of 96.8% from the August 15th total of 6,300 shares. Based on an average trading volume of 39,300 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's stock are sold short. Approximately 0.0% of the company's stock are sold short. Based on an average trading volume of 39,300 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Several research analysts have recently commented on ZLNDY shares. Citigroup reaffirmed a "buy" rating on shares of Zalando in a research note on Thursday, August 21st. Cfra Research downgraded Zalando from a "moderate buy" rating to a "hold" rating in a research note on Monday, August 11th. Baader Bank raised Zalando to a "buy" rating in a research note on Monday, August 18th. Finally, Morgan Stanley reissued an "underweight" rating on shares of Zalando in a research note on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy".

Zalando Price Performance

ZLNDY traded up $0.17 during trading hours on Thursday, hitting $14.99. The company's stock had a trading volume of 1,265 shares, compared to its average volume of 16,332. The stock has a market cap of $7.91 billion, a price-to-earnings ratio of 26.30 and a beta of 1.48. The company has a current ratio of 1.38, a quick ratio of 0.98 and a debt-to-equity ratio of 0.17. The business's 50-day moving average price is $14.92 and its 200-day moving average price is $16.64. Zalando has a 12 month low of $11.55 and a 12 month high of $20.64.

Zalando (OTCMKTS:ZLNDY - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported $0.21 earnings per share for the quarter, meeting the consensus estimate of $0.21. The firm had revenue of $3.28 billion for the quarter, compared to the consensus estimate of $2.52 billion. Zalando had a return on equity of 10.19% and a net margin of 2.49%. Sell-side analysts expect that Zalando will post 0.5 earnings per share for the current fiscal year.

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.

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