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

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Rhumbline Advisers lifted its holdings in shares of JD.com by 1.7% during the 4th quarter. Rhumbline Advisers now owns 16,186 shares of the information services provider's stock worth $561,000 after acquiring an additional 265 shares during the last quarter. Quintet Private Bank Europe S.A. lifted its stake in JD.com by 4.5% in the fourth quarter. Quintet Private Bank Europe S.A. now owns 7,813 shares of the information services provider's stock worth $271,000 after acquiring an additional 334 shares during the period. Nisa Investment Advisors LLC lifted its holdings 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 buying an additional 417 shares during the period. Sequoia Financial Advisors LLC boosted its position in shares of JD.com by 4.5% during the fourth quarter. Sequoia Financial Advisors LLC now owns 10,192 shares of the information services provider's stock valued at $353,000 after purchasing an additional 436 shares in the last quarter. Finally, Huntington National Bank boosted its stake in JD.com by 32.1% during the third quarter. Huntington National Bank now owns 1,861 shares of the information services provider's stock worth $74,000 after acquiring an additional 452 shares in the last quarter. Institutional investors own 15.98% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on JD. Citigroup lowered their price objective on JD.com from $52.00 to $51.00 and set a "buy" rating on the stock in a research note on Friday, November 15th. Sanford C. Bernstein upgraded JD.com from a "market perform" rating to an "outperform" rating and increased their target price for the stock from $43.00 to $46.00 in a report on Monday, December 9th. Benchmark reaffirmed a "buy" rating and set a $47.00 price target on shares of JD.com in a research note on Friday, November 15th. StockNews.com cut shares of JD.com from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 11th. Finally, Dbs Bank upgraded shares of JD.com to a "strong-buy" rating in a research report on Wednesday, February 12th. Two investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, JD.com currently has an average rating of "Moderate Buy" and an average price target of $41.36.

JD.com Stock Up 0.7 %

JD traded up $0.28 during trading on Wednesday, hitting $39.19. 10,170,533 shares of the company's stock were exchanged, compared to its average volume of 11,126,300. The stock has a market cap of $61.81 billion, a P/E ratio of 12.40, a PEG ratio of 0.31 and a beta of 0.40. JD.com has a fifty-two week low of $21.18 and a fifty-two week high of $47.82. The business's 50 day moving average is $37.72 and its two-hundred day moving average is $35.51. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18.

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.