What Next for JD.COM Inc – American Depositary Shares (NASDAQ:JD) Stock After Decrease in Shorted Shares?

JD.com, Inc. (NASDAQ:JD) Logo

The stock of JD.COM Inc – American Depositary Shares (NASDAQ:JD) registered a decrease of 3.52% in short interest. JD’s total short interest was 58.46 million shares in October as published by FINRA. Its down 3.52% from 60.59M shares, reported previously. With 14.94M shares average volume, it will take short sellers 4 days to cover their JD’s short positions. The short interest to JD.COM Inc – American Depositary Shares’s float is 4.95%.

The stock increased 3.95% or $1.13 during the last trading session, reaching $29.71. About 17.45M shares traded or 41.87% up from the average. JD.com, Inc. (NASDAQ:JD) has declined 14.93% since October 12, 2018 and is downtrending. It has underperformed by 14.93% the S&P500.

JD.com, Inc., through its subsidiaries, operates as an e-commerce firm in the PeopleÂ’s Republic of China. The company has market cap of $43.19 billion. The firm operates in two divisions, JD Mall and New Businesses. It has a 202.11 P/E ratio. It sells mobile handsets, consumer electronics products, and auto parts and accessories; home appliances; and general merchandise products directly to clients through its Website jd.com and mobile applications.

JD.com, Inc. (NASDAQ:JD) Ratings Coverage

Among 4 analysts covering JD.com (NASDAQ:JD), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. JD.com has $4100 highest and $3100 lowest target. $36.13’s average target is 21.61% above currents $29.71 stock price. JD.com had 12 analyst reports since April 13, 2019 according to SRatingsIntel. The firm has “Buy” rating by 86 Research given on Friday, October 11. Mizuho maintained JD.com, Inc. (NASDAQ:JD) on Wednesday, August 14 with “Neutral” rating.

More notable recent JD.com, Inc. (NASDAQ:JD) news were published by: Investorplace.com which released: “JD Stock Looks Like a Good Momentum Name – Investorplace.com” on September 16, 2019, also Investorplace.com with their article: “Buy JD.com When Markets Start Judging It by Its Performance – Investorplace.com” published on September 30, 2019, Finance.Yahoo.com published: “Richard Liu Propels JD’s Q2 Earnings with Investment in Technology and Logistics – Yahoo Finance” on October 07, 2019. More interesting news about JD.com, Inc. (NASDAQ:JD) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For October 11, 2019 – Benzinga” published on October 11, 2019 as well as Investorplace.com‘s news article titled: “5 Red-Hot Retail Stocks to Buy This Holiday Season – Investorplace.com” with publication date: October 05, 2019.

JD.com, Inc. (NASDAQ:JD) Ratings Chart

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