Vipshop Holdings Limited (NYSE:VIPS) Sees Significant Growth in Short Interest

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

Institutional Trading of Vipshop

Several large investors have recently modified their holdings of the stock. Arax Advisory Partners raised its stake in Vipshop by 96.8% in the fourth 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 in the last quarter. Richardson Financial Services Inc. grew its stake in Vipshop by 153.8% during the fourth quarter. Richardson Financial Services Inc. now owns 2,063 shares of the technology company’s stock worth $36,000 after buying an additional 1,250 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in Vipshop by 8,472.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,143 shares of the technology company’s stock valued at $38,000 after buying an additional 2,118 shares during the period. Global Retirement Partners LLC increased its holdings in Vipshop by 575.5% in the 3rd quarter. Global Retirement Partners LLC now owns 2,925 shares of the technology company’s stock valued at $57,000 after buying an additional 2,492 shares during the period. Finally, Cooper Investors PTY Ltd. acquired a new position in shares of Vipshop in the 4th quarter valued at approximately $58,000. 48.82% of the stock is owned by institutional investors and hedge funds.

Vipshop Trading Down 0.2%

NYSE VIPS opened at $15.90 on Wednesday. Vipshop has a 1-year low of $12.14 and a 1-year high of $21.08. The company has a 50 day moving average of $17.20 and a 200-day moving average of $18.31. The company has a market cap of $8.15 billion, a price-to-earnings ratio of 7.99, a PEG ratio of 1.30 and a beta of 0.67.

Vipshop Increases Dividend

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

Analyst Upgrades and Downgrades

VIPS has been the topic of a number of recent research reports. Citigroup reiterated a “neutral” rating on shares of Vipshop in a research note on Thursday, November 20th. Nomura upgraded Vipshop from a “neutral” rating to a “buy” rating and set a $22.00 price target for the company in a research note on Friday, February 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vipshop in a report on Monday, December 29th. Barclays increased their price objective on Vipshop from $19.00 to $21.00 and gave the stock an “overweight” rating in a research report on Friday, November 21st. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Vipshop in a report on Thursday, February 26th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $20.65.

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.