Jinkosolar Holding Company Limited American Deposi (NYSE:JKS) Could Improve Your Long Portfolio After Less Shorts Reported

JinkoSolar Holding Co., Ltd. (NYSE:JKS) Logo

The stock of Jinkosolar Holding Company Limited American Deposi (NYSE:JKS) registered a decrease of 12.86% in short interest. JKS’s total short interest was 7.20 million shares in September as published by FINRA. Its down 12.86% from 8.26 million shares, reported previously. With 943,500 shares average volume, it will take short sellers 8 days to cover their JKS’s short positions.

The stock increased 2.19% or $0.42 during the last trading session, reaching $19.56. About 428,117 shares traded. JinkoSolar Holding Co., Ltd. (NYSE:JKS) has risen 45.65% since September 13, 2018 and is uptrending. It has outperformed by 45.65% the S&P500.

JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products in the PeopleÂ’s Republic of China and internationally. The company has market cap of $860.90 million. It offers solar modules, solar cells, silicon ingots, silicon wafers, and recovered silicon materials. It has a 15.2 P/E ratio. The firm sells its products to distributors, project developers, and system integrators under the JinkoSolar brand, as well as on an original equipment maker basis.

JinkoSolar Holding Co., Ltd. (NYSE:JKS) Ratings Coverage

Among 2 analysts covering JinkoSolar Holding Company Limited American Depositary Shares (each representing 4 Common Shares) (NYSE:JKS), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. JinkoSolar Holding Company Limited American Depositary Shares (each representing 4 Common Shares) has $2500 highest and $1800 lowest target. $22’s average target is 12.47% above currents $19.56 stock price. JinkoSolar Holding Company Limited American Depositary Shares (each representing 4 Common Shares) had 3 analyst reports since June 18, 2019 according to SRatingsIntel. On Monday, July 1 the stock rating was maintained by Credit Suisse with “Neutral”. The stock of JinkoSolar Holding Co., Ltd. (NYSE:JKS) has “Neutral” rating given on Tuesday, June 18 by UBS. As per Tuesday, September 3, the company rating was maintained by Credit Suisse.

More notable recent JinkoSolar Holding Co., Ltd. (NYSE:JKS) news were published by: Prnewswire.com which released: “JinkoSolar is Expanding New Mono Wafer Production Capacity of 5GW in Sichuan Province – PRNewswire” on April 30, 2019, also Finance.Yahoo.com with their article: “Sarah Ketterer’s 5 Largest Buys of the 2nd Quarter – Yahoo Finance” published on August 16, 2019, Seekingalpha.com published: “JinkoSolar Holding EPS beats by $0.38, beats on revenue – Seeking Alpha” on August 30, 2019. More interesting news about JinkoSolar Holding Co., Ltd. (NYSE:JKS) were released by: Finance.Yahoo.com and their article: “JinkoSolar Holding Co., Ltd. to Host Earnings Call – Yahoo Finance” published on August 30, 2019 as well as Seekingalpha.com‘s news article titled: “JinkoSolar Holding Q1 2019 Earnings Preview – Seeking Alpha” with publication date: June 27, 2019.

JinkoSolar Holding Co., Ltd. (NYSE:JKS) Ratings Chart

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