What Next for 51job Inc – American Depositary Shares Each Rep (NASDAQ:JOBS) Stock After Decrease in Shorted Shares?

The stock of 51job Inc – American Depositary Shares Each Rep (NASDAQ:JOBS) registered a decrease of 5.32% in short interest. JOBS’s total short interest was 1.59 million shares in September as published by FINRA. Its down 5.32% from 1.68M shares, reported previously. With 273,500 shares average volume, it will take short sellers 6 days to cover their JOBS’s short positions.

The stock decreased 1.42% or $1.05 during the last trading session, reaching $72.69. About 99,620 shares traded. 51job, Inc. (NASDAQ:JOBS) has declined 13.53% since September 13, 2018 and is downtrending. It has underperformed by 13.53% the S&P500.

51job, Inc., through its subsidiaries, provides integrated human resource services in the People's Republic of China. The company has market cap of $4.82 billion. The firm provides recruitment advertising services, including online recruitment services through its Websites comprising 51job.com, yingjiesheng.com, and 51jingying.com; and print advertising services through 51job Weekly, a city-specific recruitment advertising publication. It has a 42.96 P/E ratio. It also offers other human resource related services, such as business process outsourcing that consist of social insurance and benefits processing, regulatory compliance with local governmental employment regulations, and payroll processing; and conducts training seminars in business management, leadership, sales and marketing, human resource, negotiation skills, financial planning and analysis, public administration, manufacturing, secretarial, and other skills.

More notable recent 51job, Inc. (NASDAQ:JOBS) news were published by: Nasdaq.com which released: “Asia stocks gain as soft data lift stimulus hopes – Nasdaq” on September 09, 2019, also Nasdaq.com with their article: “Most Workers Are Checking Their Salaries (and Many Aren’t Happy) – Nasdaq” published on September 05, 2019, Nasdaq.com published: “Which Jobs Offer the Best Career Opportunities? – Nasdaq” on August 16, 2019. More interesting news about 51job, Inc. (NASDAQ:JOBS) were released by: Nasdaq.com and their article: “Japan’s jobless rate falls to 2.2% in July – Nasdaq” published on August 29, 2019 as well as Nasdaq.com‘s news article titled: “EQT to Slash Jobs in a Bid to Streamline, Reduce Expenses – Nasdaq” with publication date: September 12, 2019.

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