Short Interest in JD.com, Inc. Surges, Indicating Potential Investor Skepticism

JD.com Stock

JD.com, Inc. (JD:NSD) experienced a significant increase in short interest in March, with the total reaching 19,920,000 shares, a growth of 33.0% compared to the previous month’s total of 14,980,000 JD.com stock shares. The short-interest ratio, based on an average trading volume of 8,710,000 shares, currently stands at 2.3 days.

 

JD.com Stock Price Analysis:

On Thursday, JD.com opened at $41.18 per share, down 0.9%. The company has a 50-day moving average price of $49.56 and a 200-day moving average price of $51.67.

JD.com has a market capitalization of $55.77 billion, a PE ratio of 46.27, and a beta of 0.48. The company also has a debt-to-equity ratio of 0.11, a quick ratio of 1.02, and a current ratio of 1.32. Its 52-week low is $33.17, while its 52-week high is $68.29.

The company currently has an average rating of “Strong Buy” and an average target price of $74.64, according to Stock Target Advisor.

JD Ratings by Stock Target Advisor

JD Stock Dividend:

JD.com recently announced a variable dividend, which will be paid on May 4th. Shareholders of record on April 6th will receive a dividend of $0.62 per share, representing a yield of 1.5%. The ex-dividend date is April 5th.

 

JD.com Stock-Analyst Ratings:

Several equities analysts have issued reports on JD shares. Barclays raised their price objective to $74.00 and gave the stock an “overweight” rating.

Mizuho lowered their price objective from $85.00 to $80.00. HSBC reduced their price target from $82.00 to $70.00 and maintained a “buy” rating on the stock, while Benchmark lowered their target price from $100.00 to $76.00 and rated the stock as a “buy.”

JD Ratings by Stock Target Advisor

Hedge Funds & Institutional Holdings:

Several institutional investors and hedge funds have also made changes to their holdings of JD.com in recent months. For example, Heritage Wealth Management LLC increased its holdings in JD.com by 81.7% during the fourth quarter, while Harbor Investment Advisory LLC grew its stake in the company by 43.8% during the same period.

Overall, 17.71% of JD.com stock is owned by institutional investors and hedge funds.

 

Company Profile:

JD.com, Inc. provides supply chain-based technologies and services 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, books, automobile accessories, apparel and footwear, bags, and jewelry.

The company was formerly known as 360buy Jingdong Inc. and changed its name to JD.com, Inc. in January 2014. JD.com, Inc. was incorporated in 2006 and is headquartered in Beijing, the People’s Republic of China.

Top Trending Stocks

AVG Analyst Rating STA Analysis
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Slightly Bullish
StockTargetAdvisor
Buy
StockTargetAdvisor
Slightly Bullish
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Very Bullish
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Bullish
StockTargetAdvisor
Hold
StockTargetAdvisor
Slightly Bearish
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Slightly Bullish
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Slightly Bullish
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Slightly Bullish
StockTargetAdvisor
Buy
StockTargetAdvisor
Very Bullish
StockTargetAdvisor
Buy
StockTargetAdvisor
Slightly Bullish
Ad
Ad

Leave a Reply

Your email address will not be published. Required fields are marked *