JD.com June 15th Short Interest Update

JD.com (NASDAQ:JD), A increase of 17,683,521 shares or 43.3% was observed in the short interest of JD.com, Inc. – American Depositary Shares The interest on June 15,2016 came in at 58,550,671 shares and as per the average daily trading of 17,604,376 shares, the days to cover are 3. The increased interest is 5.2% of the floated shares. The data of May 31,2016 put the interest at 40,867,150 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

JD.com (NASDAQ:JD): The stock opened at $20.39 on Friday but the bulls could not build on the opening and the stock topped out at $21.25 for the day. The stock traded down to $20.25 during the day, due to lack of any buying support eventually closed down at $20.64 with a loss of -3.82% for the day. The stock had closed at $21.46 on the previous day. The total traded volume was 23,682,965 shares.

The company shares have dropped -36.49% from its 1 Year high price. On Jul 24, 2015, the shares registered one year high at $35.56 and the one year low was seen on Jun 16, 2016. The 50-Day Moving Average price is $22.49 and the 200 Day Moving Average price is recorded at $26.16.

Stocks of JD.com (NASDAQ:JD) rallied by 2.53% during the past week but lost 14.89% on a 4-week basis. The company has outperformed the S&P 500 by 4.24% in the past week but underperformed the index by 12.31% in the last 4 weeks.

JD.com, Inc. is an online direct sales company. The Company engages primarily in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in Peoples republic of China (PRC) on the Internet through its Website jd.com. It also operates its online marketplace under which third-party sellers sell products on the Companys Website to customers. The Company has approximately 518 million product reviews generated by its customers. The Company operates approximately 123 warehouses with an aggregate gross floor area of approximately 2.2 million square meters in 40 cities and 3,210 delivery stations and pickup stations in 1,862 counties and districts across China. The Company provides same-day delivery in approximately 134 counties and districts and next-day delivery in approximately 866 counties and districts across China.

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