Short Interest in Zalando SE (OTCMKTS:ZLNDY) Decreases By 94.9%

Zalando SE (OTCMKTS:ZLNDY - Get Free Report) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 500 shares, a decrease of 94.9% from the April 30th total of 9,800 shares. Based on an average daily trading volume, of 27,900 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company's stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Citigroup reaffirmed a "buy" rating on shares of Zalando in a report on Tuesday, May 13th.

Zalando Price Performance

OTCMKTS ZLNDY traded up $0.36 during trading hours on Friday, reaching $17.82. 13,077 shares of the stock traded hands, compared to its average volume of 12,823. The stock has a 50 day simple moving average of $17.97 and a two-hundred day simple moving average of $17.50. Zalando has a 1 year low of $11.35 and a 1 year high of $20.64. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.33 and a quick ratio of 0.88. The company has a market cap of $9.41 billion, a price-to-earnings ratio of 42.42 and a beta of 1.71.

Zalando (OTCMKTS:ZLNDY - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $2.55 billion for the quarter, compared to analysts' expectations of $2.63 billion. Zalando had a return on equity of 8.34% and a net margin of 1.97%. On average, analysts predict that Zalando will post 0.5 EPS 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.