Industria de Diseno Textil SA (OTCMKTS:IDEXY) Short Interest Update

Industria de Diseno Textil SA (OTCMKTS:IDEXY) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 161,285 shares, a drop of 44.1% from the June 15th total of 288,285 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 606,802 shares, the days-to-cover ratio is currently 0.3 days.

Industria de Diseno Textil Price Performance

Shares of IDEXY opened at $15.35 on Friday. Industria de Diseno Textil has a 1 year low of $11.80 and a 1 year high of $17.34. The stock has a 50 day simple moving average of $15.50 and a two-hundred day simple moving average of $15.69. The firm has a market cap of $191.36 billion, a P/E ratio of 26.02, a P/E/G ratio of 3.16 and a beta of 0.94.

Industria de Diseno Textil (OTCMKTS:IDEXY) last released its quarterly earnings data on Wednesday, June 3rd. The company reported $0.13 EPS for the quarter, hitting the consensus estimate of $0.13. Industria de Diseno Textil had a return on equity of 33.65% and a net margin of 15.60%.The firm had revenue of $10.23 billion for the quarter, compared to the consensus estimate of $10.11 billion. On average, equities analysts anticipate that Industria de Diseno Textil will post 0.63 earnings per share for the current year.

About Industria de Diseno Textil

Industria de Diseno Textil, SA (commonly known as Inditex) is a Spanish multinational apparel company headquartered in Arteixo, Galicia. The group was established in the mid-1980s and traces its roots to the founding of the Zara retail concept by Amancio Ortega and Rosalía Mera in 1975. Inditex is one of the world’s largest fashion retailers and is known for its fast-fashion business model that emphasizes rapid design-to-retail cycles and frequent merchandise turnover.

Inditex designs, produces, distributes and sells a wide range of clothing, accessories and home textiles through a portfolio of well-known brands, including Zara, Massimo Dutti, Pull&Bear, Bershka, Stradivarius, Oysho and Zara Home.