JD.com, Inc. (NASDAQ:JD) Short Interest Up 28.7% in June

JD.com, Inc. (NASDAQ: JD- Get a rating) experienced a significant increase in short-term interest in the month of June. As of June 15, there was short interest totaling 21,520,000 shares, an increase of 28.7% from the May 31 total of 16,720,000 shares. Based on an average trading volume of 13,610,000 shares, the day-to-cover ratio is currently 1.6 days. Approximately 1.6% of the company’s shares are sold short.

The NASDAQ JD traded at $1.73 during Friday trading hours, hitting $65.95. 5,462,223 shares of the company have been traded, compared to its average volume of 13,302,273. The company has a leverage ratio of 0.06, a current ratio of 1.32 and a quick ratio of 1.01 . The company has a market capitalization of $88.89 billion, a PE ratio of -64.66 and a beta of 0.44. JD.com has a 52-week low of $41.56 and a 52-week high of $92.69. The company has a 50-day simple moving average of $58.14 and a 200-day simple moving average of $63.48.

JD.com (NASDAQ:JD – Get a rating) last reported results on Tuesday, May 17. The information services provider reported EPS of $0.28 for the quarter, beating the consensus estimate of $0.18 by $0.10. JD.com posted a negative net margin of 1.03% and a positive return on equity of 3.95%. The company posted revenue of $239.66 billion for the quarter, versus a consensus estimate of $235.73 billion. In the same quarter of the previous year, the company made earnings per share of $0.22. The company’s quarterly revenue increased by 18.0% compared to the same quarter last year. Sell-side analysts expect JD.com to post 1.3 EPS for the current fiscal year.

(A d)

Working 70 hours a week as a lawyer in Chicago, I was miserable.

I met guys who worked in the trading room at the local stock exchange. I started to negotiate the same way as them. I started with $50,000 (much more than I needed, actually).

I increased my $50,000 to $5.3M

The company also recently declared a — dividend, which was paid on Tuesday, June 14. Investors of record on Friday, May 20 received a dividend of $1.26. The ex-dividend date was Thursday, May 19.

A number of large investors have recently changed their JD holdings. Dodge & Cox increased its stake in JD.com by 10.9% in the fourth quarter. Dodge & Cox now owns 10,765,249 shares of the information services provider valued at $754,321,000 after acquiring an additional 1,055,400 shares during the period. Hhlr Advisors Ltd. increased its stake in JD.com by 76.9% in the 1st quarter. Hhlr Advisors Ltd. now owns 8,434,471 shares of the information services provider valued at $488,103,000 after acquiring an additional 3,667,164 shares during the period. Fisher Asset Management LLC increased its stake in JD.com by 7.7% in the fourth quarter. Fisher Asset Management LLC now owns 7,762,363 shares of the information services provider valued at $543,909,000 after acquiring an additional 558,030 shares during the period. Coronation Fund Managers Ltd. increased its stake in JD.com by 7.4% in the 1st quarter. Coronation Fund Managers Ltd. now owns 6,115,755 shares of the information services provider valued at $353,919,000 after acquiring an additional 421,052 shares during the period. Finally, Assenagon Asset Management SA increased its stake in JD.com by 17,167.2% in the 1st quarter. Assenagon Asset Management SA now owns 5,622,191 shares of the information services provider valued at $325,356,000 after acquiring an additional 5,589,631 shares during the period. Institutional investors hold 31.57% of the company’s shares.

Several research companies commented on JD. Citigroup cut its price target on JD.com shares from $109.00 to $99.00 and set a “buy” rating for the company in a research report on Friday, March 11. The benchmark cut its price target on JD.com shares from $117.00 to $106.00 and set an “na” rating for the company in a Wednesday, May 18 research report. Barclays cut its price target on JD.com shares from $103.00 to $99.00 and set an “overweight” rating for the company in a Friday, March 11 research report. Susquehanna Bancshares cut its price target on JD.com shares from $66.00 to $55.00 and set a “neutral” rating for the company in a Thursday, May 19 research report. Finally, Morgan Stanley lowered its price target on JD.com from $98.00 to $85.00 and set an “overweight” rating for the stock in a Monday, March 7 report. One research analyst has rated the stock with a sell rating, three have issued a hold rating and ten have assigned the company a buy rating. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $86.07.

JD.com Company Profile (Get a rating)

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 including food, beverages and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and health products, books , automotive accessories, clothing and footwear, bags and jewelry.

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