Short Interest in Vipshop Holdings Limited (NYSE:VIPS) Rises By 15.8%

Vipshop Holdings Limited (NYSE:VIPS) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 6,361,606 shares, a growth of 15.8% from the February 12th total of 5,494,390 shares. Based on an average daily trading volume, of 1,707,788 shares, the days-to-cover ratio is presently 3.7 days. Approximately 1.8% of the shares of the company are short sold. Approximately 1.8% of the shares of the company are short sold. Based on an average daily trading volume, of 1,707,788 shares, the days-to-cover ratio is presently 3.7 days.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on VIPS shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Vipshop in a research report on Monday, December 29th. Barclays raised their price objective on shares of Vipshop from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Friday, November 21st. Zacks Research upgraded shares of Vipshop from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 20th. Jefferies Financial Group reissued a “buy” rating on shares of Vipshop in a report on Thursday, February 26th. Finally, Citigroup restated a “neutral” rating on shares of Vipshop in a research report on Thursday, November 20th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Vipshop currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.65.

Institutional Trading of Vipshop

A number of institutional investors have recently made changes to their positions in VIPS. Mariner LLC raised its stake in Vipshop by 3.2% in the 3rd quarter. Mariner LLC now owns 18,308 shares of the technology company’s stock valued at $360,000 after purchasing an additional 561 shares during the last quarter. D Orazio & Associates Inc. lifted its holdings in Vipshop by 4.3% in the third quarter. D Orazio & Associates Inc. now owns 15,119 shares of the technology company’s stock valued at $297,000 after acquiring an additional 618 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in shares of Vipshop by 3.0% during the 2nd quarter. Advisors Asset Management Inc. now owns 23,072 shares of the technology company’s stock worth $347,000 after purchasing an additional 664 shares during the period. Lester Murray Antman dba SimplyRich increased its position in shares of Vipshop by 0.5% during the third quarter. Lester Murray Antman dba SimplyRich now owns 146,753 shares of the technology company’s stock valued at $2,882,000 after acquiring an additional 685 shares during the last quarter. Finally, Arax Advisory Partners increased its holdings in Vipshop by 96.8% in the 4th quarter. Arax Advisory Partners now owns 1,407 shares of the technology company’s stock valued at $25,000 after purchasing an additional 692 shares during the last quarter. 48.82% of the stock is owned by institutional investors and hedge funds.

Vipshop Stock Performance

Shares of VIPS stock traded up $0.13 on Tuesday, reaching $16.06. 203,543 shares of the company were exchanged, compared to its average volume of 2,077,177. Vipshop has a 1 year low of $12.14 and a 1 year high of $21.08. The business has a 50-day moving average price of $17.25 and a 200 day moving average price of $18.31. The company has a market cap of $8.23 billion, a price-to-earnings ratio of 8.08, a P/E/G ratio of 1.31 and a beta of 0.66.

Vipshop Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, April 24th. Shareholders of record on Friday, April 10th will be paid a dividend of $0.62 per share. This is an increase from Vipshop’s previous annual dividend of $0.43. The ex-dividend date is Friday, April 10th. This represents a yield of 342.0%. Vipshop’s dividend payout ratio (DPR) is presently 24.12%.

About Vipshop

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.