JD.com, Inc. (NASDAQ:JD) Short Interest Up 17.1% in January

JD.com, Inc. (NASDAQ:JD) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 39,030,000 shares, an increase of 17.1% from the January 15th total of 33,320,000 shares. Based on an average daily volume of 11,030,000 shares, the short-interest ratio is presently 3.5 days.

JD.com Stock Up 4.5 %

JD.com stock traded up $1.79 during trading hours on Monday, hitting $41.38. 13,308,779 shares of the stock traded hands, compared to its average volume of 10,550,680. JD.com has a one year low of $21.18 and a one year high of $47.82. The company has a market cap of $65.26 billion, a PE ratio of 13.09, a PEG ratio of 0.30 and a beta of 0.40. The firm’s 50-day moving average price is $37.71 and its two-hundred day moving average price is $35.28. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18.

Hedge Funds Weigh In On JD.com

A number of hedge funds have recently bought and sold shares of JD. Richardson Financial Services Inc. bought a new position in shares of JD.com during the 4th quarter valued at $27,000. Brooklyn Investment Group bought a new position in JD.com in the fourth quarter valued at about $34,000. Nisa Investment Advisors LLC boosted its position in JD.com by 71.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider’s stock worth $35,000 after purchasing an additional 417 shares during the last quarter. Modus Advisors LLC bought a new stake in shares of JD.com during the 4th quarter valued at about $41,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of JD.com by 111.6% in the 4th quarter. Farther Finance Advisors LLC now owns 1,297 shares of the information services provider’s stock worth $45,000 after purchasing an additional 684 shares during the period. Institutional investors own 15.98% of the company’s stock.

Wall Street Analysts Forecast Growth

JD has been the topic of a number of research analyst reports. Sanford C. Bernstein upgraded JD.com from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $43.00 to $46.00 in a research note on Monday, December 9th. Benchmark reissued a “buy” rating and issued a $47.00 price objective on shares of JD.com in a report on Friday, November 15th. Dbs Bank raised JD.com to a “strong-buy” rating in a report on Wednesday, February 12th. Loop Capital raised shares of JD.com from a “hold” rating to a “buy” rating and lowered their price target for the stock from $49.00 to $48.00 in a report on Monday, October 21st. Finally, StockNews.com cut JD.com from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 11th. Two analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $41.36.

JD.com Company Profile

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.