Short Interest in Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) Expands By 73.5%

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 17,000 shares, an increase of 73.5% from the December 15th total of 9,800 shares. Based on an average trading volume of 404,100 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

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

Industria de Diseño Textil Stock Up 1.7 %

Industria de Diseño Textil stock traded up $0.44 during mid-day trading on Wednesday, reaching $25.80. 131,387 shares of the company’s stock were exchanged, compared to its average volume of 212,287. Industria de Diseño Textil has a twelve month low of $20.66 and a twelve month high of $30.11. The company has a market cap of $160.82 billion, a P/E ratio of 25.54, a P/E/G ratio of 2.02 and a beta of 1.10. The company has a fifty day moving average of $26.84 and a 200-day moving average of $26.86.

About Industria de Diseño Textil

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.