Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) Sees Significant Growth in Short Interest

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) was the target of a large growth in short interest in 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. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 286,600 shares, the short-interest ratio is presently 0.1 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 note on Thursday, December 12th.

Industria de Diseño Textil Stock Up 1.3 %

Shares of OTCMKTS IDEXY traded up $0.32 during midday trading on Friday, reaching $24.43. 185,439 shares of the company’s stock traded hands, compared to its average volume of 306,953. The stock’s 50 day simple moving average is $26.61 and its 200-day simple moving average is $27.39. Industria de Diseño Textil has a one year low of $22.31 and a one year high of $30.11. The company 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 (OTCMKTS:IDEXY) last released its quarterly earnings data on Wednesday, March 12th. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.01). Industria de Diseño Textil had a net margin of 15.19% and a return on equity of 32.33%. The business had revenue of $11.96 billion for the quarter, compared to the consensus estimate of $11.13 billion. Equities 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.