Could INDUSTRIA DE DISENO TEXTIL INDITEX SA OR (OTCMKTS:IDEXF) Change Direction After Less Shorts?

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXF) Logo

The stock of INDUSTRIA DE DISENO TEXTIL INDITEX SA OR (OTCMKTS:IDEXF) registered a decrease of 9.51% in short interest. IDEXF’s total short interest was 4.19 million shares in September as published by FINRA. Its down 9.51% from 4.63 million shares, reported previously. With 20,700 shares average volume, it will take short sellers 202 days to cover their IDEXF’s short positions.

The stock increased 2.22% or $0.66 during the last trading session, reaching $30.33. About 1,347 shares traded. Industria de Diseño Textil, S.A. (OTCMKTS:IDEXF) has 0.00% since September 13, 2018 and is . It has by 0.00% the S&P500.

Industria de Diseño Textil, S.A. engages in the retail and on-line distribution of clothing, footwear, accessories and household textile products through various store formats in Spain, rest of Europe, the Americas, Asia, and internationally. The company has market cap of $95.28 billion. The company’s store formats include Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, and Uterqüe. It has a 23.4 P/E ratio. It operates 7,292 stores in 93 markets; and online stores in 41 markets.

More news for Industria de Diseño Textil, S.A. (OTCMKTS:IDEXF) were recently published by: Seekingalpha.com, which released: “Focus On Europe: Hunter Douglas’ ‘Buy And Build’ Strategy Works Well – Seeking Alpha” on March 19, 2019. Seekingalpha.com‘s article titled: “Industria De Diseno Textil Inditex SA ADR 2018 Q1 – Results – Earnings Call Slides – Seeking Alpha” and published on June 13, 2018 is yet another important article.

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