Vipshop Holdings Limited (NYSE:VIPS) Short Interest Update

Vipshop Holdings Limited (NYSE:VIPS) was the target of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 5,195,163 shares, a decline of 18.3% from the February 26th total of 6,361,606 shares. Based on an average daily volume of 2,161,711 shares, the short-interest ratio is presently 2.4 days. Approximately 1.4% of the shares of the company are short sold.

Vipshop Stock Performance

Vipshop stock traded up $0.11 on Monday, reaching $16.22. The company’s stock had a trading volume of 1,272,657 shares, compared to its average volume of 2,118,436. The business’s fifty day moving average price is $16.83 and its 200 day moving average price is $18.23. The company has a market cap of $8.31 billion, a price-to-earnings ratio of 8.15, a PEG ratio of 1.32 and a beta of 0.66. Vipshop has a twelve month low of $12.14 and a twelve month high of $21.08.

Vipshop Increases Dividend

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

Analyst Ratings Changes

VIPS has been the subject of several analyst reports. Jefferies Financial Group restated a “buy” rating on shares of Vipshop in a research report on Thursday, February 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Vipshop in a report on Friday. Nomura upgraded shares of Vipshop from a “neutral” rating to a “buy” rating and set a $22.00 target price on the stock in a research note on Friday, February 27th. Wall Street Zen downgraded shares of Vipshop from a “buy” rating to a “hold” rating in a report on Sunday, January 4th. Finally, Zacks Research upgraded shares of Vipshop from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 20th. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Vipshop currently has an average rating of “Moderate Buy” and a consensus price target of $20.65.

Institutional Trading of Vipshop

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Invesco Ltd. boosted its stake in shares of Vipshop by 87.2% in the 3rd quarter. Invesco Ltd. now owns 16,715,656 shares of the technology company’s stock valued at $328,295,000 after purchasing an additional 7,785,027 shares during the last quarter. Krane Funds Advisors LLC raised its stake in shares of Vipshop by 24.9% during the third quarter. Krane Funds Advisors LLC now owns 17,185,535 shares of the technology company’s stock worth $320,424,000 after buying an additional 3,426,079 shares during the last quarter. Norges Bank acquired a new position in Vipshop in the second quarter valued at approximately $50,725,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Vipshop by 23,837.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,792,794 shares of the technology company’s stock valued at $49,405,000 after acquiring an additional 2,781,127 shares during the last quarter. Finally, Packer & Co Ltd acquired a new stake in Vipshop during the 4th quarter worth $27,406,000. 48.82% of the stock is currently owned by institutional investors and hedge funds.

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.