What Next for Jumei International Holding Limited American Depos (NYSE:JMEI) Stock After Decrease in Shorted Shares?

The stock of Jumei International Holding Limited American Depos (NYSE:JMEI) registered a decrease of 17.05% in short interest. JMEI’s total short interest was 1.11M shares in September as published by FINRA. Its down 17.05% from 1.34M shares, reported previously. With 484,200 shares average volume, it will take short sellers 2 days to cover their JMEI’s short positions.

The stock increased 6.10% or $0.13 during the last trading session, reaching $2.26. About 379,775 shares traded or 46.86% up from the average. Jumei International Holding Limited (NYSE:JMEI) has risen 12.94% since September 13, 2018 and is uptrending. It has outperformed by 12.94% the S&P500.

Jumei International Holding Limited operates as an online retailer of beauty products in the PeopleÂ’s Republic of China. The company has market cap of $280.42 million. The firm offers beauty products, such as cosmetics, skin care, cosmetic applicators, fragrance, and body care products; and beauty products for men, and baby and children. It has a 4.17 P/E ratio. It also provides apparel and other lifestyle products, including womenÂ’s wear, footwear, lingerie, handbags and luggage, menÂ’s wear, sportswear and sporting goods, accessories, home goods, and other lifestyle products, as well as baby, children, and maternity products; and snacks and health supplements.

More notable recent Jumei International Holding Limited (NYSE:JMEI) news were published by: Globenewswire.com which released: “Jumei Announces Strategic Investment in Jiedian NYSE:JMEI – GlobeNewswire” on May 04, 2017, also Globenewswire.com with their article: “Jumei Announces Resignation of Director NYSE:JMEI – GlobeNewswire” published on July 26, 2017, Seekingalpha.com published: “VIP Status: Vipshop Has It – Seeking Alpha” on October 21, 2016. More interesting news about Jumei International Holding Limited (NYSE:JMEI) were released by: Globenewswire.com and their article: “Jumei Announces Disposal of a Portion of its Equity Interest in BabyTree – GlobeNewswire” published on May 28, 2018 as well as Streetinsider.com‘s news article titled: “All the Lipstick in China Can’t Cover Up Jumei’s $397 Million in Value Destruction – StreetInsider.com” with publication date: August 30, 2017.

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