Short Interest in Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) Grows By 68.1%

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 38,000 shares, a growth of 68.1% from the February 13th total of 22,600 shares. Based on an average daily volume of 286,600 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Industria de Diseño Textil Price Performance

OTCMKTS IDEXY traded up $0.32 on Friday, hitting $24.43. 185,439 shares of the company’s stock were exchanged, compared to its average volume of 306,953. The firm’s 50-day moving average price is $26.61 and its two-hundred day moving average price is $27.39. The firm has a market cap of $152.28 billion, a price-to-earnings ratio of 24.19, a P/E/G ratio of 2.38 and a beta of 1.11. Industria de Diseño Textil has a fifty-two week low of $22.31 and a fifty-two week high of $30.11.

Industria de Diseño Textil (OTCMKTS:IDEXY) last announced its quarterly earnings results on Wednesday, March 12th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.01). The firm had revenue of $11.96 billion for the quarter, compared to analysts’ expectations of $11.13 billion. Industria de Diseño Textil had a return on equity of 32.33% and a net margin of 15.19%. On average, research analysts predict that Industria de Diseño Textil will post 0.99 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada cut Industria de Diseño Textil from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 12th.

Industria de Diseño Textil Company Profile

Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household products. The company sells its products under the Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home brands. It is also involved in the textile manufacturing, logistics, design, insurance, construction, and real estate businesses, as well as provides financial services.