Short Interest in JD.com, Inc. (NASDAQ:JD) Expands By 17.1%

JD.com, Inc. (NASDAQ:JD) saw a large growth in short interest in January. As of January 31st, there was short interest totalling 39,030,000 shares, a growth of 17.1% from the January 15th total of 33,320,000 shares. Based on an average daily volume of 11,030,000 shares, the short-interest ratio is currently 3.5 days.

JD.com Stock Up 4.5 %

Shares of JD opened at $41.38 on Monday. The company’s 50-day moving average price is $37.71 and its 200 day moving average price is $35.21. JD.com has a 12-month low of $21.18 and a 12-month high of $47.82. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. The firm has a market cap of $65.26 billion, a P/E ratio of 13.09, a price-to-earnings-growth ratio of 0.30 and a beta of 0.40.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on JD shares. Sanford C. Bernstein raised shares of JD.com from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $43.00 to $46.00 in a research note on Monday, December 9th. StockNews.com lowered shares of JD.com from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 11th. Dbs Bank upgraded JD.com to a “strong-buy” rating in a research report on Wednesday, February 12th. Citigroup lowered their price objective on JD.com from $52.00 to $51.00 and set a “buy” rating on the stock in a research note on Friday, November 15th. Finally, Benchmark reaffirmed a “buy” rating and issued a $47.00 target price on shares of JD.com in a research note on Friday, November 15th. Two research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $41.36.

Institutional Investors Weigh In On JD.com

Institutional investors and hedge funds have recently made changes to their positions in the stock. Polunin Capital Partners Ltd grew its stake in shares of JD.com by 27.8% in the third quarter. Polunin Capital Partners Ltd now owns 2,058,917 shares of the information services provider’s stock valued at $82,291,000 after buying an additional 447,264 shares in the last quarter. Citigroup Inc. grew its position in JD.com by 9.9% in the 3rd quarter. Citigroup Inc. now owns 400,294 shares of the information services provider’s stock valued at $16,012,000 after acquiring an additional 36,096 shares in the last quarter. Maple Rock Capital Partners Inc. increased its stake in JD.com by 5.9% during the third quarter. Maple Rock Capital Partners Inc. now owns 3,577,138 shares of the information services provider’s stock worth $143,086,000 after purchasing an additional 200,200 shares during the period. KBC Group NV increased its stake in JD.com by 213.4% during the fourth quarter. KBC Group NV now owns 356,019 shares of the information services provider’s stock worth $12,343,000 after purchasing an additional 242,409 shares during the period. Finally, National Bank of Canada FI lifted its position in shares of JD.com by 65,089.6% during the third quarter. National Bank of Canada FI now owns 2,214,492 shares of the information services provider’s stock worth $88,580,000 after purchasing an additional 2,211,095 shares in the last quarter. 15.98% of the stock is owned by hedge funds and other institutional investors.

JD.com Company Profile

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.