JD.com, Inc. (NASDAQ:JD) Short Interest Update

JD.com, Inc. (NASDAQ:JD) saw a significant growth in short interest during 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 daily trading volume, of 11,030,000 shares, the short-interest ratio is presently 3.5 days.

Institutional Trading of JD.com

Hedge funds have recently made changes to their positions in the business. FMR LLC grew its position in shares of JD.com by 86.2% during the 4th quarter. FMR LLC now owns 28,447,641 shares of the information services provider’s stock worth $986,280,000 after purchasing an additional 13,170,649 shares in the last quarter. Appaloosa LP boosted its stake in shares of JD.com by 43.4% in the 4th quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider’s stock valued at $362,852,000 after purchasing an additional 3,165,885 shares in the last quarter. Two Sigma Advisers LP grew its stake in shares of JD.com by 329.9% during the third quarter. Two Sigma Advisers LP now owns 6,306,700 shares of the information services provider’s stock worth $252,268,000 after buying an additional 4,839,700 shares during the last quarter. Fisher Asset Management LLC increased its holdings in JD.com by 9.0% in the 3rd quarter. Fisher Asset Management LLC now owns 4,072,599 shares of the information services provider’s stock worth $162,904,000 after purchasing an additional 336,740 shares in the last quarter. Finally, Point72 Asset Management L.P. grew its holdings in JD.com by 117.1% during the 3rd quarter. Point72 Asset Management L.P. now owns 4,033,900 shares of the information services provider’s stock worth $161,356,000 after acquiring an additional 2,175,568 shares during the last quarter. 15.98% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently weighed in on JD. Dbs Bank upgraded shares of JD.com to a “strong-buy” rating in a research note on Wednesday, February 12th. Benchmark reissued a “buy” rating and set a $47.00 price objective on shares of JD.com in a report on Friday, November 15th. Citigroup cut their target price on JD.com from $52.00 to $51.00 and set a “buy” rating for the company in a research note on Friday, November 15th. Loop Capital upgraded shares of JD.com from a “hold” rating to a “buy” rating and decreased their price target for the stock from $49.00 to $48.00 in a research note on Monday, October 21st. Finally, Sanford C. Bernstein raised shares of JD.com from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $43.00 to $46.00 in a report on Monday, December 9th. Two investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $41.36.

JD.com Stock Up 4.5 %

Shares of JD stock traded up $1.79 during trading on Monday, reaching $41.38. The company’s stock had a trading volume of 13,308,779 shares, 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 price-to-earnings ratio of 13.09, a price-to-earnings-growth ratio of 0.30 and a beta of 0.40. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18. The business has a fifty day moving average price of $37.71 and a 200-day moving average price of $35.28.

About JD.com

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.