Vipshop Holdings Ltd – (VIPS) Short Interest Update

Vipshop Holdings Ltd – (NYSE:VIPS) saw a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 23,671,867 shares, a decrease of 15.2% from the February 15th total of 27,902,721 shares. Based on an average daily volume of 10,210,576 shares, the short-interest ratio is presently 2.3 days. Approximately 5.1% of the shares of the stock are sold short.

Large investors have recently modified their holdings of the business. US Bancorp DE boosted its stake in Vipshop by 28.7% in the 4th quarter. US Bancorp DE now owns 34,731 shares of the technology company’s stock worth $407,000 after buying an additional 7,752 shares during the last quarter. Trexquant Investment LP acquired a new stake in Vipshop in the 3rd quarter worth about $578,000. First Republic Investment Management Inc. boosted its stake in Vipshop by 14.1% in the 4th quarter. First Republic Investment Management Inc. now owns 43,746 shares of the technology company’s stock worth $513,000 after buying an additional 5,391 shares during the last quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH acquired a new stake in Vipshop in the 4th quarter worth about $299,000. Finally, AO Asset Management LP acquired a new stake in Vipshop in the 4th quarter worth about $4,313,000. 47.95% of the stock is currently owned by hedge funds and other institutional investors.

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NYSE:VIPS traded up $0.26 during mid-day trading on Friday, reaching $16.70. The company’s stock had a trading volume of 7,948,099 shares, compared to its average volume of 8,778,679. The company has a current ratio of 1.35, a quick ratio of 0.98 and a debt-to-equity ratio of 0.29. Vipshop has a twelve month low of $7.79 and a twelve month high of $19.14. The firm has a market cap of $10,786.78, a price-to-earnings ratio of 28.79 and a beta of 2.27.

Vipshop (NYSE:VIPS) last issued its quarterly earnings results on Monday, February 12th. The technology company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.04. Vipshop had a return on equity of 25.75% and a net margin of 2.67%. The firm had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.60 billion. research analysts forecast that Vipshop will post 0.64 earnings per share for the current fiscal year.

Several analysts have weighed in on the company. Zacks Investment Research lowered Vipshop from a “buy” rating to a “hold” rating in a report on Thursday, March 8th. Benchmark reissued a “buy” rating and issued a $24.00 target price (up previously from $12.00) on shares of Vipshop in a report on Wednesday, February 14th. Macquarie raised Vipshop from a “neutral” rating to an “outperform” rating and set a $20.00 price objective on the stock in a research note on Tuesday, February 13th. JPMorgan Chase increased their price objective on Vipshop from $22.00 to $23.00 and gave the company a “neutral” rating in a research note on Wednesday, February 14th. Finally, Nomura raised Vipshop from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 10th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $17.20.

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Vipshop Company Profile

Vipshop Holdings Limited is a holding company. The Company is an online discount retailer for brands in China. The Company offers branded products to consumers 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.

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