Zalando SE (OTCMKTS:ZLNDY) Short Interest Update

Zalando SE (OTCMKTS:ZLNDY) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 2,500 shares, a growth of 56.3% from the January 15th total of 1,600 shares. Based on an average daily volume of 25,000 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded Zalando from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 16th.

Zalando Stock Performance

Shares of ZLNDY stock opened at $20.00 on Thursday. The company has a market capitalization of $10.55 billion, a price-to-earnings ratio of 45.74 and a beta of 1.71. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.88 and a current ratio of 1.33. Zalando has a one year low of $10.01 and a one year high of $20.02. The company’s 50-day moving average is $17.35 and its 200 day moving average is $15.43.

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.