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

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) saw a significant decrease in short interest in October. As of October 15th, there was short interest totalling 7,400 shares, a decrease of 91.4% from the September 30th total of 86,400 shares. Based on an average daily volume of 264,700 shares, the short-interest ratio is presently 0.0 days.

Industria de Diseño Textil Trading Down 1.1 %

Shares of IDEXY traded down $0.32 during mid-day trading on Friday, reaching $29.37. 232,194 shares of the company’s stock were exchanged, compared to its average volume of 149,031. Industria de Diseño Textil has a 52-week low of $17.01 and a 52-week high of $30.11. The company has a 50-day simple moving average of $28.25 and a two-hundred day simple moving average of $25.60.

Industria de Diseño Textil (OTCMKTS:IDEXY) last announced its earnings results on Wednesday, September 11th. The company reported $0.26 EPS for the quarter, meeting analysts’ consensus estimates of $0.26. Industria de Diseño Textil had a return on equity of 32.12% and a net margin of 15.16%. The firm had revenue of $10.72 billion for the quarter, compared to analysts’ expectations of $10.71 billion. Equities analysts forecast that Industria de Diseño Textil will post 1.07 EPS for the current fiscal year.

Industria de Diseño Textil Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, November 19th. Investors of record on Friday, November 1st will be given a dividend of $0.2922 per share. The ex-dividend date is Friday, November 1st. This is a boost from Industria de Diseño Textil’s previous dividend of $0.29. Industria de Diseño Textil’s dividend payout ratio (DPR) is currently 60.20%.

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.