Jumei International Holding Ltd (NYSE:JMEI) Short Interest Update

Jumei International Holding Ltd (NYSE:JMEI) was the recipient of a significant growth in short interest during the month of February. As of February 14th, there was short interest totalling 104,600 shares, a growth of 85.8% from the January 30th total of 56,300 shares. Approximately 1.6% of the company’s shares are short sold. Based on an average trading volume of 45,400 shares, the short-interest ratio is currently 2.3 days.

A number of hedge funds and other institutional investors have recently made changes to their positions in JMEI. Envestnet Asset Management Inc. raised its holdings in Jumei International by 56.8% during the third quarter. Envestnet Asset Management Inc. now owns 29,585 shares of the specialty retailer’s stock worth $63,000 after purchasing an additional 10,720 shares in the last quarter. State Street Corp increased its stake in Jumei International by 4.4% during the 3rd quarter. State Street Corp now owns 332,001 shares of the specialty retailer’s stock worth $704,000 after buying an additional 13,894 shares during the period. Virtu Financial LLC purchased a new stake in Jumei International during the 3rd quarter worth $56,000. Credit Suisse AG increased its position in shares of Jumei International by 4.3% in the 4th quarter. Credit Suisse AG now owns 24,841 shares of the specialty retailer’s stock worth $51,000 after purchasing an additional 1,016 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Jumei International by 2.0% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 244,288 shares of the specialty retailer’s stock worth $501,000 after purchasing an additional 4,700 shares during the last quarter. 91.83% of the stock is currently owned by institutional investors.

Separately, ValuEngine raised Jumei International from a “hold” rating to a “buy” rating in a research report on Tuesday, February 4th.

NYSE JMEI traded down $0.13 on Friday, reaching $19.37. The stock had a trading volume of 3,171 shares, compared to its average volume of 125,284. Jumei International has a 12-month low of $15.32 and a 12-month high of $27.90. The stock has a fifty day moving average price of $16.86 and a two-hundred day moving average price of $5.71.

About Jumei International

Jumei International Holding Limited operates as an online retailer of beauty products in the People's Republic of China. The company offers beauty products, such as cosmetics, skin care, cosmetic applicators, fragrance, and body care products; and beauty products for men, and baby and children. It also provides apparel and other lifestyle products, including women's wear, footwear, lingerie, handbags and luggage, men's wear, sportswear and sporting goods, accessories, home goods, and other lifestyle products, as well as baby, children, and maternity products; and snacks, cereals, and health supplements.

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