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

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) saw a significant increase in short interest during the month of 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 daily volume of 404,100 shares, the days-to-cover ratio is presently 0.0 days.

Industria de Diseño Textil Price Performance

IDEXY opened at $25.20 on Friday. The business has a 50 day moving average of $26.80 and a 200-day moving average of $26.86. Industria de Diseño Textil has a 1-year low of $20.66 and a 1-year high of $30.11.

Analysts Set New Price Targets

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.