Short Interest in JD.com, Inc. (NASDAQ:JD) Expands By 8.2%

JD.com, Inc. (NASDAQ:JD) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 34,310,000 shares, a growth of 8.2% from the December 31st total of 31,710,000 shares. Based on an average daily volume of 12,080,000 shares, the short-interest ratio is currently 2.8 days.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on JD. JPMorgan Chase & Co. upped their price target on shares of JD.com from $40.00 to $50.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. StockNews.com downgraded JD.com from a “strong-buy” rating to a “buy” rating in a report on Friday. Citigroup decreased their price objective on JD.com from $52.00 to $51.00 and set a “buy” rating for the company in a report on Friday, November 15th. Benchmark restated a “buy” rating and issued a $47.00 price objective on shares of JD.com in a report on Friday, November 15th. Finally, Sanford C. Bernstein upgraded JD.com from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $43.00 to $46.00 in a report on Monday, December 9th. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $41.36.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Richardson Financial Services Inc. bought a new position in shares of JD.com during the fourth quarter valued at about $27,000. Brooklyn Investment Group bought a new position in shares of JD.com during the fourth quarter valued at about $34,000. Nisa Investment Advisors LLC raised its stake in shares of JD.com by 71.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider’s stock valued at $35,000 after acquiring an additional 417 shares during the last quarter. Modus Advisors LLC bought a new position in shares of JD.com during the fourth quarter valued at about $41,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of JD.com during the third quarter valued at about $49,000. 15.98% of the stock is owned by institutional investors.

JD.com Stock Down 1.7 %

JD.com stock opened at $40.03 on Tuesday. JD.com has a 1-year low of $21.18 and a 1-year high of $47.82. The firm has a market capitalization of $63.13 billion, a price-to-earnings ratio of 12.67, a P/E/G ratio of 0.30 and a beta of 0.40. 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 50 day simple moving average of $36.93 and a 200 day simple moving average of $34.28.

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.