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

Industria de Diseno Textil SA (OTCMKTS:IDEXY) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 161,285 shares, a decrease of 44.1% from the June 15th total of 288,285 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 606,802 shares, the short-interest ratio is presently 0.3 days.

Industria de Diseno Textil Stock Performance

OTCMKTS:IDEXY traded down $0.03 during mid-day trading on Thursday, reaching $15.45. The stock had a trading volume of 398,011 shares, compared to its average volume of 657,907. The stock has a market capitalization of $192.55 billion, a P/E ratio of 26.18, a P/E/G ratio of 3.13 and a beta of 0.94. The firm has a 50 day moving average price of $15.49 and a two-hundred day moving average price of $15.70. Industria de Diseno Textil has a one year low of $11.80 and a one year high of $17.34.

Industria de Diseno Textil (OTCMKTS:IDEXY) last released its quarterly earnings data on Wednesday, June 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.13. The firm had revenue of $10.23 billion for the quarter, compared to analysts’ expectations of $10.11 billion. Industria de Diseno Textil had a net margin of 15.60% and a return on equity of 33.65%. Research analysts forecast 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.