Vipshop Holdings Limited (NYSE:VIPS) Short Interest Down 18.9% in January

Vipshop Holdings Limited (NYSE:VIPS - Get Free Report) was the recipient of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 5,820,000 shares, a decrease of 18.9% from the January 15th total of 7,180,000 shares. Based on an average trading volume of 3,010,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.3% of the shares of the stock are short sold.

Vipshop Stock Down 1.3 %

NYSE:VIPS traded down $0.19 during trading hours on Wednesday, hitting $14.55. 3,123,673 shares of the stock were exchanged, compared to its average volume of 3,277,927. The company has a market capitalization of $7.47 billion, a P/E ratio of 6.96, a price-to-earnings-growth ratio of 1.61 and a beta of 0.30. The company's 50 day moving average is $13.94 and its two-hundred day moving average is $13.97. Vipshop has a twelve month low of $11.50 and a twelve month high of $20.19.

Hedge Funds Weigh In On Vipshop

Several large investors have recently made changes to their positions in the company. Hhlr Advisors LTD. lifted its position in Vipshop by 6.2% during the 3rd quarter. Hhlr Advisors LTD. now owns 15,720,322 shares of the technology company's stock valued at $247,281,000 after purchasing an additional 914,322 shares during the period. Vanguard Group Inc. lifted its holdings in Vipshop by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 13,961,402 shares of the technology company's stock valued at $188,060,000 after buying an additional 79,254 shares during the period. Robeco Institutional Asset Management B.V. boosted its stake in Vipshop by 1.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 11,107,555 shares of the technology company's stock valued at $149,619,000 after acquiring an additional 139,320 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Vipshop by 14.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 8,063,150 shares of the technology company's stock worth $108,608,000 after acquiring an additional 993,042 shares during the period. Finally, Invesco Ltd. raised its position in shares of Vipshop by 28.4% during the 4th quarter. Invesco Ltd. now owns 7,759,150 shares of the technology company's stock valued at $104,516,000 after acquiring an additional 1,718,159 shares during the last quarter. Institutional investors and hedge funds own 48.82% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on VIPS shares. Benchmark restated a "hold" rating on shares of Vipshop in a research note on Wednesday, November 20th. Barclays assumed coverage on shares of Vipshop in a research report on Wednesday, November 6th. They issued an "overweight" rating and a $19.00 price target on the stock. StockNews.com lowered shares of Vipshop from a "buy" rating to a "hold" rating in a report on Wednesday, February 12th. Finally, Citigroup decreased their price target on Vipshop from $18.00 to $17.00 and set a "buy" rating on the stock in a research report on Wednesday, November 20th. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $17.50.

Vipshop Company Profile

Vipshop Holdings Limited operates online platforms in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers womenswear, menswear, sportswear and sporting goods, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.