What’s Propelling JD.COM Inc – American Depositary Shares (NASDAQ:JD) After Lower Shorts Reported?

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 60.59 million shares, reported previously. With 14.94 million 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 stock of JD.com, Inc. (NASDAQ:JD) earned “Neutral” rating by Mizuho on Wednesday, August 14.

More notable recent JD.com, Inc. (NASDAQ:JD) news were published by: Seekingalpha.com which released: “Chinese firm steps aside on JD.com – Seeking Alpha” on August 15, 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, Nasdaq.com published: “Thailand’s Central, China’s JD.com launch financial services app Dolfin – Nasdaq” on September 09, 2019. More interesting news about JD.com, Inc. (NASDAQ:JD) were released by: Nasdaq.com and their article: “Funko, ExxonMobil, JD.com, Home Depot and Lowe???s highlighted as Zacks Bull and Bear of the Day – Nasdaq” published on August 21, 2019 as well as Seekingalpha.com‘s news article titled: “Chinese internet stocks gain on trade progress – Seeking Alpha” with publication date: August 19, 2019.

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

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