Jumei International Holding Limited American Depos (NYSE:JMEI)’s Trend Up, Especially After Decreased Shorts

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 1.11 million shares in October 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 1.00% or $0.02 during the last trading session, reaching $2.02. About 146,095 shares traded. Jumei International Holding Limited (NYSE:JMEI) has risen 12.94% since October 12, 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 $250.64 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 3.73 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: Seekingalpha.com which released: “Jumei International, The Beauty Products Retailer In China – Seeking Alpha” on May 16, 2014, also Benzinga.com with their article: “28 Stocks Moving In Thursday’s Pre-Market Session – Benzinga” published on April 11, 2019, Streetinsider.com published: “All the Lipstick in China Can’t Cover Up Jumei’s $397 Million in Value Destruction – StreetInsider.com” on August 30, 2017. More interesting news about Jumei International Holding Limited (NYSE:JMEI) were released by: Seekingalpha.com and their article: “Noah Holdings’ Dangerous New Share Structure And Ties To China’s Market Make It Uninvestable – Seeking Alpha” published on March 08, 2016 as well as Prnewswire.com‘s news article titled: “Yamibuy Announces $10 Million Series A Investment Led by GGV Capital – PR Newswire” with publication date: July 10, 2017.

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