Short Interest in Vipshop Holdings Limited (NYSE:VIPS) Grows By 21.6%

Vipshop Holdings Limited (NYSE:VIPS) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 6,211,145 shares, a growth of 21.6% from the December 15th total of 5,106,695 shares. Based on an average daily trading volume, of 2,504,140 shares, the days-to-cover ratio is currently 2.5 days. Currently, 1.7% of the company’s shares are short sold. Currently, 1.7% of the company’s shares are short sold. Based on an average daily trading volume, of 2,504,140 shares, the days-to-cover ratio is currently 2.5 days.

Vipshop Stock Down 8.3%

Shares of NYSE VIPS traded down $1.51 during trading hours on Monday, hitting $16.71. The company had a trading volume of 3,798,915 shares, compared to its average volume of 2,221,763. The stock has a market capitalization of $8.57 billion, a P/E ratio of 8.79, a price-to-earnings-growth ratio of 1.42 and a beta of 0.72. Vipshop has a 1-year low of $12.14 and a 1-year high of $21.08. The firm’s 50 day moving average is $19.08 and its 200-day moving average is $17.97.

Analyst Ratings Changes

A number of research firms recently commented on VIPS. Zacks Research cut shares of Vipshop from a “hold” rating to a “strong sell” rating in a research report on Monday, December 22nd. Citigroup reiterated a “neutral” rating on shares of Vipshop in a report on Thursday, November 20th. Barclays lifted their target price on Vipshop from $19.00 to $21.00 and gave the company an “overweight” rating in a research report on Friday, November 21st. JPMorgan Chase & Co. upped their price target on Vipshop from $21.00 to $22.00 and gave the stock an “overweight” rating in a research report on Friday, November 21st. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $22.60 price objective on shares of Vipshop in a report on Tuesday, December 30th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $20.38.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of VIPS. Three Seasons Wealth LLC bought a new stake in shares of Vipshop in the 4th quarter valued at about $198,000. J. Safra Sarasin Holding AG increased its position in Vipshop by 27.8% during the fourth quarter. J. Safra Sarasin Holding AG now owns 20,666 shares of the technology company’s stock worth $366,000 after buying an additional 4,500 shares during the last quarter. Cooper Investors PTY Ltd. acquired a new position in Vipshop during the fourth quarter worth approximately $58,000. Kathmere Capital Management LLC raised its stake in Vipshop by 20.3% in the fourth quarter. Kathmere Capital Management LLC now owns 12,761 shares of the technology company’s stock valued at $226,000 after buying an additional 2,154 shares during the period. Finally, Assenagon Asset Management S.A. acquired a new stake in shares of Vipshop in the fourth quarter valued at approximately $362,000. Institutional investors own 48.82% of the company’s stock.

Vipshop Company Profile

Vipshop Holdings Limited (NYSE:VIPS) is a leading online discount retailer in China, offering high-quality branded products at competitive prices through a time-limited, flash-sales model. The company provides consumers with access to a rotating selection of merchandise, combining the excitement of limited-time offers with curated brand partnerships to drive customer engagement and loyalty.

Vipshop’s platform features a diverse range of product categories, including apparel, footwear, cosmetics, home furnishings, digital electronics and other lifestyle goods.