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

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 9,800 shares, a decrease of 58.1% from the November 30th total of 23,400 shares. Based on an average daily volume of 517,100 shares, the short-interest ratio is presently 0.0 days.

Industria de Diseño Textil Trading Up 0.2 %

IDEXY traded up $0.21 during trading on Friday, reaching $25.91. 178,809 shares of the company were exchanged, compared to its average volume of 152,880. Industria de Diseño Textil has a 52 week low of $20.44 and a 52 week high of $30.11. The firm has a 50 day moving average of $27.64 and a 200 day moving average of $26.81. The stock has a market cap of $161.50 billion, a P/E ratio of 25.65, a PEG ratio of 2.04 and a beta of 1.10.

Industria de Diseño Textil Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, November 19th. Shareholders of record on Friday, November 1st were given a $0.2922 dividend. This is a boost from Industria de Diseño Textil’s previous dividend of $0.29. The ex-dividend date was Friday, November 1st. Industria de Diseño Textil’s dividend payout ratio is 56.44%.

Analyst Ratings Changes

Separately, Royal Bank of Canada cut shares of Industria de Diseño Textil from a “hold” rating to a “strong sell” rating in a report on Thursday, December 12th.

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.