Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) Short Interest Down 64.1% in February

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 22,600 shares, a drop of 64.1% from the January 31st total of 63,000 shares. Based on an average daily volume of 488,000 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada downgraded shares of 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 Stock Up 1.0 %

Shares of IDEXY traded up $0.26 during trading hours on Friday, reaching $26.91. 140,000 shares of the company traded hands, compared to its average volume of 257,887. The business has a fifty day moving average price of $26.51 and a 200-day moving average price of $27.39. Industria de Diseño Textil has a 12-month low of $21.97 and a 12-month high of $30.11. The stock has a market capitalization of $167.74 billion, a P/E ratio of 26.64, a P/E/G ratio of 2.38 and a beta of 1.10.

Industria de Diseño Textil (OTCMKTS:IDEXY) last posted its quarterly earnings results on Wednesday, December 11th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.01). Industria de Diseño Textil had a net margin of 15.19% and a return on equity of 32.33%. As a group, research analysts predict that Industria de Diseño Textil will post 0.99 EPS for the current fiscal year.

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.