Zalando (OTCMKTS:ZLNDY) Sees Large Growth in Short Interest

Zalando (OTCMKTS:ZLNDY) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 44,748 shares, a growth of 63.2% from the April 30th total of 27,411 shares. Based on an average daily volume of 156,540 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Citigroup reaffirmed a “buy” rating on shares of Zalando in a report on Thursday, May 14th. Sanford C. Bernstein raised Zalando from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. Finally, Barclays raised Zalando to a “strong-buy” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Zalando Trading Up 2.5%

Shares of ZLNDY stock opened at $13.64 on Wednesday. The firm has a 50 day moving average price of $12.37 and a two-hundred day moving average price of $13.09. The company has a quick ratio of 0.58, a current ratio of 1.09 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $7.04 billion, a PE ratio of 52.46 and a beta of 1.54. Zalando has a 12-month low of $10.84 and a 12-month high of $17.80.

Zalando (OTCMKTS:ZLNDY) last issued its quarterly earnings data on Wednesday, May 6th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.25). Zalando had a return on equity of 4.15% and a net margin of 0.89%.The company had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.48 billion. As a group, analysts predict that Zalando will post 0.47 earnings per share for the current year.

Zalando Company Profile

Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.

Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.