JD.Com Inc (NASDAQ:JD) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totalling 34,517,504 shares, a growth of 11.8% from the July 13th total of 30,867,582 shares. Approximately 2.9% of the shares of the company are sold short. Based on an average trading volume of 13,245,551 shares, the days-to-cover ratio is presently 2.6 days.

Several institutional investors and hedge funds have recently modified their holdings of the company. ClariVest Asset Management LLC raised its position in shares of JD.Com by 36.2% in the second quarter. ClariVest Asset Management LLC now owns 388,425 shares of the information services provider’s stock valued at $15,129,000 after purchasing an additional 103,325 shares during the period. Commerzbank Aktiengesellschaft FI raised its position in shares of JD.Com by 55.9% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 1,482,053 shares of the information services provider’s stock valued at $57,726,000 after purchasing an additional 531,205 shares during the period. Aviance Capital Management LLC bought a new position in shares of JD.Com in the second quarter valued at about $336,000. Neuburgh Advisers LLC bought a new position in shares of JD.Com in the second quarter valued at about $102,000. Finally, Cambridge Investment Research Advisors Inc. raised its position in shares of JD.Com by 95.5% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 29,869 shares of the information services provider’s stock valued at $1,163,000 after purchasing an additional 14,591 shares during the period. 51.26% of the stock is currently owned by institutional investors.

Several analysts have issued reports on JD shares. BidaskClub lowered shares of JD.Com from a “sell” rating to a “strong sell” rating in a research report on Friday, April 20th. ValuEngine lowered shares of JD.Com from a “hold” rating to a “sell” rating in a research report on Saturday, April 21st. Stifel Nicolaus dropped their price target on shares of JD.Com from $55.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, May 1st. TheStreet raised shares of JD.Com from a “d+” rating to a “c” rating in a research report on Monday, April 30th. Finally, Benchmark dropped their price target on shares of JD.Com from $52.00 to $48.00 and set a “buy” rating on the stock in a research report on Monday, May 7th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $50.09.

Shares of JD.Com opened at $35.79 on Friday, according to MarketBeat. The stock has a market capitalization of $43.34 billion, a PE ratio of 3,579.00, a P/E/G ratio of 7.11 and a beta of 1.49. JD.Com has a fifty-two week low of $34.76 and a fifty-two week high of $50.68. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.72 and a current ratio of 1.06.

JD.Com Company Profile

JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Mall and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; mother and childcare products, toys, and instruments; and food, beverage, and fresh produce.

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