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

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) saw a large increase in short interest in 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.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada downgraded 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 Price Performance

IDEXY stock opened at $25.20 on Friday. The stock has a 50-day moving average price of $26.80 and a two-hundred day moving average price of $26.86. Industria de Diseño Textil has a 12-month low of $20.66 and a 12-month high of $30.11.

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.