GDS Holdings (NASDAQ:GDS) Short Interest Up 33.4% in January

GDS Holdings (NASDAQ:GDS) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 11,360,995 shares, a growth of 33.4% from the December 31st total of 8,514,750 shares. Based on an average trading volume of 3,059,442 shares, the short-interest ratio is currently 3.7 days. Based on an average trading volume of 3,059,442 shares, the short-interest ratio is currently 3.7 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Assetmark Inc. grew its stake in GDS by 1,123.2% during the 3rd quarter. Assetmark Inc. now owns 685 shares of the company’s stock valued at $27,000 after purchasing an additional 629 shares in the last quarter. Huntington National Bank grew its position in shares of GDS by 83,700.0% during the second quarter. Huntington National Bank now owns 838 shares of the company’s stock worth $26,000 after buying an additional 837 shares in the last quarter. Advisors Asset Management Inc. bought a new stake in shares of GDS in the first quarter worth $25,000. NewEdge Advisors LLC acquired a new stake in GDS in the first quarter valued at $25,000. Finally, Hantz Financial Services Inc. boosted its stake in GDS by 165.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,365 shares of the company’s stock valued at $53,000 after acquiring an additional 850 shares during the last quarter. Institutional investors and hedge funds own 33.71% of the company’s stock.

GDS Trading Down 1.6%

GDS stock opened at $44.34 on Wednesday. The company has a current ratio of 2.51, a quick ratio of 2.51 and a debt-to-equity ratio of 1.65. GDS has a 1 year low of $16.92 and a 1 year high of $52.50. The stock has a 50-day simple moving average of $38.37 and a 200-day simple moving average of $36.28.

GDS (NASDAQ:GDS) last released its quarterly earnings results on Wednesday, November 19th. The company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.51. The firm had revenue of $405.28 million during the quarter, compared to analysts’ expectations of $402.81 million. GDS had a return on equity of 5.17% and a net margin of 49.60%.GDS’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.14) EPS. Sell-side analysts forecast that GDS will post -0.89 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on GDS shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of GDS in a research note on Monday, December 29th. Raymond James Financial reiterated a “strong-buy” rating on shares of GDS in a report on Tuesday, January 13th. UBS Group set a $55.00 price target on GDS in a research note on Monday, December 1st. TD Cowen reduced their price objective on GDS from $38.00 to $37.00 and set a “buy” rating on the stock in a research note on Thursday, November 20th. Finally, Macquarie set a $46.70 target price on GDS in a report on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, GDS presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.70.

Key GDS News

Here are the key news stories impacting GDS this week:

• Neutral Sentiment: Multiple news outlets are publishing stories about “India Post GDS” recruitment for thousands of postal vacancies (28,740 posts) — these items refer to India Post’s Gramin Dak Sevak program and are not related to GDS Holdings, the China-based data?centre operator. Investors should ignore these recruitment headlines when assessing NASDAQ:GDS. Article Title
• Negative Sentiment: At least one market report flags a “significant increase in short interest” in GDS Holdings, which, if accurate, could pressure the stock and increase volatility as short sellers target shares. However, publicly posted short?interest figures in the dataset supplied appear inconsistent/erroneous (showing 0 shares), so confirm with exchange short?interest data or your broker before acting. GDS Holdings (NASDAQ:GDS) Sees Significant Increase in Short Interest

About GDS

GDS Holdings Limited, founded in 2001 and headquartered in Shanghai, is a leading network-neutral data center services provider in China. The company operates a portfolio of state-of-the-art data center facilities designed to support the mission-critical IT infrastructure of cloud service providers, internet enterprises, financial institutions, and government entities. GDS was among the first Chinese providers to offer high-density colocation solutions, catering to customers with demanding computing and storage requirements.

GDS specializes in delivering scalable colocation, cross-connect, and interconnection services within its facilities, enabling clients to establish high-speed, low-latency connections to major cloud platforms and internet exchange points.