INDUSTRIA DE DI/ADR (OTCMKTS:IDEXY) Short Interest Up 37.0% in September

INDUSTRIA DE DI/ADR (OTCMKTS:IDEXY) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 126,700 shares, an increase of 37.0% from the August 31st total of 92,500 shares. Based on an average trading volume of 628,600 shares, the short-interest ratio is presently 0.2 days.

IDEXY traded up $0.38 on Thursday, reaching $14.31. The company had a trading volume of 92,867 shares, compared to its average volume of 200,782. The company has a fifty day moving average of $14.03 and a 200-day moving average of $13.34. The company has a market capitalization of $86.83 billion, a P/E ratio of 31.80 and a beta of 1.05. The company has a current ratio of 1.68, a quick ratio of 1.23 and a debt-to-equity ratio of 0.36. INDUSTRIA DE DI/ADR has a one year low of $10.13 and a one year high of $18.00.

INDUSTRIA DE DI/ADR (OTCMKTS:IDEXY) last announced its earnings results on Wednesday, September 16th. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $5.30 billion during the quarter, compared to analyst estimates of $6.06 billion. INDUSTRIA DE DI/ADR had a net margin of 9.75% and a return on equity of 19.49%. Research analysts predict that INDUSTRIA DE DI/ADR will post 0.35 EPS for the current year.

IDEXY has been the topic of a number of analyst reports. Goldman Sachs Group cut shares of INDUSTRIA DE DI/ADR from a “buy” rating to a “neutral” rating in a report on Monday, August 31st. Zacks Investment Research raised shares of INDUSTRIA DE DI/ADR from a “sell” rating to a “hold” rating in a report on Tuesday, September 15th. Morgan Stanley cut shares of INDUSTRIA DE DI/ADR from an “equal weight” rating to an “underweight” rating in a report on Monday, September 14th. Credit Suisse Group reaffirmed a “neutral” rating on shares of INDUSTRIA DE DI/ADR in a report on Thursday, September 17th. Finally, UBS Group reaffirmed a “buy” rating on shares of INDUSTRIA DE DI/ADR in a report on Friday, September 18th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company’s stock. INDUSTRIA DE DI/ADR presently has an average rating of “Hold” and an average price target of $14.00.

INDUSTRIA DE DI/ADR Company Profile

Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household textile products through various commercial concepts. Its retail concepts include Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, and Uterqüe. The company operates 7,490 physical stores in 96 markets; and online stores in 156 markets.

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