JD Sports Fashion Plc (OTCMKTS:JDSPY) Short Interest Up 118.5% in August

JD Sports Fashion Plc (OTCMKTS:JDSPY) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 1,713 shares, an increase of 118.5% from the August 15th total of 784 shares. Based on an average daily volume of 7,769 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on JDSPY shares. BNP Paribas Exane upgraded shares of JD Sports Fashion from a “neutral” rating to an “outperform” rating in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of JD Sports Fashion in a research report on Tuesday, July 14th. Citigroup reaffirmed a “neutral” rating on shares of JD Sports Fashion in a report on Friday, August 21st. Royal Bank Of Canada lowered JD Sports Fashion from an “outperform” rating to a “sector perform” rating in a report on Monday, August 3rd. Finally, Barclays raised JD Sports Fashion to a “hold” rating in a research note on Wednesday, September 2nd. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

JD Sports Fashion Price Performance

JDSPY stock opened at $0.97 on Tuesday. The company has a current ratio of 1.51, a quick ratio of 0.56 and a debt-to-equity ratio of 0.91. The company has a 50 day simple moving average of $1.14 and a 200 day simple moving average of $1.05. JD Sports Fashion has a 1 year low of $0.84 and a 1 year high of $1.39.

JD Sports Fashion Company Profile

JD Sports Fashion plc is a United Kingdom-based multichannel retailer specializing in sportswear, sneakers and athleisure apparel. Its product range includes footwear, clothing and accessories from major global sports brands, as well as selected private-label and exclusive products.

The company operates through a portfolio of retail banners that includes JD Sports, Size?, Finish Line, DTLR and other regionally focused brands. It serves customers through physical stores and e-commerce platforms, with operations across the United Kingdom and Europe, North America, Australia, New Zealand and selected markets in Asia-Pacific.

JD Sports was founded in 1981, when its first store opened in Bury, England.