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 1.11M shares in September as published by FINRA. Its down 17.05% from 1.34 million 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: Seekingalpha.com which released: “Highpower International Receives Non-Binding Buyout Proposal From CEO – Seeking Alpha” on June 05, 2018, also Fool.com with their article: “Why Jumei International Holding Stock Is Soaring Today – The Motley Fool” published on August 27, 2018, Benzinga.com published: “30 Stocks Moving In Tuesday’s Pre-Market Session – Benzinga” on May 28, 2019. More interesting news about Jumei International Holding Limited (NYSE:JMEI) were released by: Quotes.Wsj.com and their article: “JMEI Stock Price & News – Jumei International Holding Ltd. ADR – Wall Street Journal” published on April 17, 2018 as well as Finance.Yahoo.com‘s news article titled: “Is Fiesta Restaurant Group Inc (FRGI) A Good Stock To Buy? – Yahoo Finance” with publication date: June 20, 2019.

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