Short Interest Reporting: Vipshop Holdings Limited (NYSE:VIPS) Has Increase in Shorts

November 18, 2016 - By Pete Kolinski   ·   0 Comments

Short Interest Reporting: Vipshop Holdings Limited (NYSE:VIPS) Has Increase in Shorts

The stock of Vipshop Holdings Limited (NYSE:VIPS) registered an increase of 0.05% in short interest. VIPS’s total short interest was 39.30 million shares in November as published by FINRA. Its up 0.05% from 39.28 million shares, reported previously. With 6.87M shares average volume, it will take short sellers 6 days to cover their VIPS’s short positions. The short interest to Vipshop Holdings Limited’s float is 10.63%. About 5.97 million shares traded hands or 7.37% up from the average. Vipshop Holdings Ltd – ADR (NYSE:VIPS) has declined 5.35% since April 18, 2016 and is downtrending. It has underperformed by 9.78% the S&P500.

Vipshop Holdings Limited is a holding company. The company has a market cap of $8.19 billion. The Firm is an online discount retailer for brands in China. It has a 32.94 P/E ratio. The Firm offers branded products to clients in China through flash sales mainly on its vip.com Website.

Vipshop Holdings Ltd – ADR (NYSE:VIPS) Ratings Coverage

Out of 11 analysts covering Vipshop Holdings Limited (NYSE:VIPS), 8 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 73% are positive. Vipshop Holdings Limited has been the topic of 19 analyst reports since August 12, 2015 according to StockzIntelligence Inc. As per Monday, November 16, the company rating was downgraded by Bank of America. As per Thursday, January 7, the company rating was upgraded by Credit Agricole. The rating was downgraded by Credit Suisse to “Neutral” on Friday, February 26. Deutsche Bank downgraded the stock to “Hold” rating in Wednesday, August 17 report. The firm has “Neutral” rating by JP Morgan given on Wednesday, May 18. The firm earned “Buy” rating on Tuesday, August 16 by Bank of America. The stock has “Buy” rating given by Deutsche Bank on Thursday, November 10. Brean Capital maintained Vipshop Holdings Ltd – ADR (NYSE:VIPS) rating on Thursday, November 19. Brean Capital has “Buy” rating and $17 price target. Morgan Stanley downgraded the stock to “Underweight” rating in Thursday, December 17 report. The company was downgraded on Monday, November 16 by Morgan Stanley.

VIPS Company Profile

Vipshop Holdings Limited, incorporated on August 27, 2010, is a holding company. The Firm is an online discount retailer for brands in China. The Firm offers branded products to clients in China through flash sales mainly on its vip.com Website. The Company’s segment is sales, product distribution and offering of goods on its online platforms. The Firm conducts its business through its subsidiaries and consolidated affiliated entities in China. Through its flash sales model, the Company sells limited quantities of discounted branded products online for limited periods of time. The Firm offers diversified product offerings from over 17,000 domestic and international brands, including apparel for women, men and children, fashion goods, cosmetics, home goods and other lifestyle products. The Firm offers a range of services and products for clients through lefeng.com, specializing in branded cosmetics, apparel, healthcare products, food and other consumer products.

More recent Vipshop Holdings Ltd – ADR (NYSE:VIPS) news were published by: Marketwatch.com which released: “Vipshop Holdings stock price target cut to $18 from $21” on March 29, 2012. Also Fool.com published the news titled: “Why Vipshop Holdings Ltd – ADR Stock Plunged Today” on November 13, 2015. Investorplace.com‘s news article titled: “VIPS Stock: The Vipshop Holdings Ltd – ADR Growth Story Returns … For Now” with publication date: August 16, 2016 was also an interesting one.

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By Pete Kolinski

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