Short Interest in JD Sports Fashion Plc (OTCMKTS:JDSPY) Decreases By 84.8%

JD Sports Fashion Plc (OTCMKTS:JDSPY) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 7,924 shares, a decrease of 84.8% from the May 14th total of 52,260 shares. Based on an average daily volume of 24,894 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

JD Sports Fashion Stock Up 0.9%

Shares of JDSPY traded up $0.01 during midday trading on Wednesday, reaching $1.12. The company had a trading volume of 7,740 shares, compared to its average volume of 15,232. JD Sports Fashion has a 1-year low of $0.84 and a 1-year high of $1.39. The firm has a 50 day simple moving average of $0.98 and a 200-day simple moving average of $1.02.

Analysts Set New Price Targets

Separately, Zacks Research raised JD Sports Fashion to a “hold” rating in a research note on Friday, May 22nd. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, JD Sports Fashion currently has an average rating of “Hold”.

JD Sports Fashion Company Profile

JD Sports Fashion plc (OTCMKTS: JDSPY) is a leading retailer specializing in sports-inspired fashion, footwear and accessories. Through its own retail locations and e-commerce platforms, the company offers a broad range of global and in-house brands, serving both lifestyle and performance segments. Its product portfolio spans athletic footwear, apparel and equipment from marquee names such as Nike, Adidas and The North Face, alongside private-label collections designed to meet evolving consumer tastes.

Founded in 1981 in Bury, Greater Manchester, JD Sports has grown from a single outlet into an international retail group.