Short Interest in Vipshop Holdings Ltd – (VIPS) Declines By 31.3%

Vipshop Holdings Ltd – (NYSE:VIPS) saw a significant decrease in short interest in the month of April. As of April 28th, there was short interest totalling 15,987,812 shares, a decrease of 31.3% from the April 13th total of 23,283,569 shares. Approximately 3.3% of the company’s shares are short sold. Based on an average daily volume of 2,694,480 shares, the short-interest ratio is currently 5.9 days.

A number of large investors have recently added to or reduced their stakes in the stock. Oxford Asset Management bought a new stake in Vipshop Holdings Ltd – during the fourth quarter valued at about $112,000. Envestnet Asset Management Inc. boosted its stake in Vipshop Holdings Ltd – by 31.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 10,478 shares of the technology company’s stock valued at $116,000 after buying an additional 2,521 shares during the period. Advisors Preferred LLC bought a new stake in Vipshop Holdings Ltd – during the first quarter valued at about $134,000. Koch Industries Inc. bought a new stake in Vipshop Holdings Ltd – during the first quarter valued at about $151,000. Finally, United Capital Financial Advisers LLC bought a new stake in Vipshop Holdings Ltd – during the first quarter valued at about $152,000. 77.07% of the stock is owned by institutional investors.

Vipshop Holdings Ltd – (NYSE:VIPS) opened at 13.38 on Friday. Vipshop Holdings Ltd – has a 1-year low of $10.21 and a 1-year high of $17.41. The company has a market capitalization of $7.83 billion, a P/E ratio of 26.44 and a beta of 1.64. The company has a 50-day moving average of $13.70 and a 200-day moving average of $12.64.

Vipshop Holdings Ltd – (NYSE:VIPS) last released its quarterly earnings results on Monday, May 15th. The technology company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by $0.01. Vipshop Holdings Ltd – had a return on equity of 50.65% and a net margin of 3.45%. The firm had revenue of $15.95 billion for the quarter, compared to analysts’ expectations of $15.62 billion. During the same period in the prior year, the firm posted $0.16 earnings per share. Vipshop Holdings Ltd -‘s revenue for the quarter was up 31.1% on a year-over-year basis. Equities analysts expect that Vipshop Holdings Ltd – will post $0.83 EPS for the current fiscal year.

VIPS has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of Vipshop Holdings Ltd – from a “sell” rating to a “hold” rating in a report on Wednesday, January 25th. Jefferies Group LLC reiterated a “buy” rating and set a $18.80 target price on shares of Vipshop Holdings Ltd – in a report on Tuesday, February 21st. Pacific Crest initiated coverage on shares of Vipshop Holdings Ltd – in a report on Wednesday, March 22nd. They set an “overweight” rating and a $17.00 target price for the company. Benchmark Co. initiated coverage on shares of Vipshop Holdings Ltd – in a report on Tuesday, April 18th. They set a “buy” rating and a $17.00 target price for the company. Finally, TheStreet upgraded shares of Vipshop Holdings Ltd – from a “c+” rating to a “b” rating in a report on Thursday, May 11th. One research analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $16.11.

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About Vipshop Holdings Ltd –

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.

12 Month Chart for NYSE:VIPS

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