Short Interest in Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) Expands By 195.1%

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 23,900 shares, an increase of 195.1% from the March 31st total of 8,100 shares. Based on an average trading volume of 267,400 shares, the short-interest ratio is currently 0.1 days.

Industria de Diseño Textil Price Performance

Shares of Industria de Diseño Textil stock opened at $24.20 on Friday. Industria de Diseño Textil has a 12-month low of $16.39 and a 12-month high of $25.72. The company’s fifty day simple moving average is $23.61 and its two-hundred day simple moving average is $21.36.

Industria de Diseño Textil (OTCMKTS:IDEXY) last announced its quarterly earnings results on Wednesday, March 13th. The company reported $0.22 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.22. The business had revenue of $11.13 billion for the quarter, compared to analyst estimates of $11.23 billion. Industria de Diseño Textil had a net margin of 14.97% and a return on equity of 32.11%. As a group, equities analysts forecast that Industria de Diseño Textil will post 1.03 EPS for the current fiscal year.

Industria de Diseño Textil Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 17th. Shareholders of record on Tuesday, April 30th will be issued a $0.2921 dividend. The ex-dividend date is Monday, April 29th. This is a positive change from Industria de Diseño Textil’s previous dividend of $0.23. Industria de Diseño Textil’s dividend payout ratio (DPR) is 48.39%.

About Industria de Diseño Textil

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.