JD.COM Inc – American Depositary Shares (NASDAQ:JD) Reports Decline in Sellers; Strong Momentum for Longs

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 September 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 decreased 0.92% or $0.29 during the last trading session, reaching $31.23. About 6.59 million shares traded. JD.com, Inc. (NASDAQ:JD) has declined 14.93% since September 13, 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 $45.40 billion. The firm operates in two divisions, JD Mall and New Businesses. It has a 212.45 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 3 analysts covering JD.com (NASDAQ:JD), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. JD.com has $36.5000 highest and $3100 lowest target. $34.50’s average target is 10.47% above currents $31.23 stock price. JD.com had 10 analyst reports since April 3, 2019 according to SRatingsIntel. The firm has “Neutral” rating by Mizuho given on Wednesday, August 14.

More notable recent JD.com, Inc. (NASDAQ:JD) news were published by: Nasdaq.com which released: “JD.com JV in talks to raise $500 mln in U.S. IPO – The Information – Nasdaq” on August 16, 2019, also Nasdaq.com with their article: “After Hours Most Active for Aug 23, 2019 : CZR, GE, BAC, X, QQQ, T, KO, MSFT, AAPL, AMCR, QCOM, JD – Nasdaq” published on August 23, 2019, Seekingalpha.com published: “JD hires new investment head – Seeking Alpha” on September 11, 2019. More interesting news about JD.com, Inc. (NASDAQ:JD) were released by: Nasdaq.com and their article: “The Zacks Analyst Blog Highlights: China Life Insurance, JD.com, Qudian, China Southern and Sinopec Shanghai – Nasdaq” published on August 22, 2019 as well as Nasdaq.com‘s news article titled: “Growth worries hit FTSE 100; upbeat results power JD Sports – Nasdaq” with publication date: September 10, 2019.

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

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