JD Sports Fashion Plc (OTCMKTS:JDSPY) Sees Large Increase in Short Interest

JD Sports Fashion Plc (OTCMKTS:JDSPY) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 56 shares. Based on an average daily volume of 21,139 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. BNP Paribas Exane raised JD Sports Fashion from a “neutral” rating to an “outperform” rating in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of JD Sports Fashion in a research report on Tuesday, July 14th. Citigroup reiterated a “neutral” rating on shares of JD Sports Fashion in a research report on Wednesday, September 30th. Barclays raised JD Sports Fashion to a “hold” rating in a research note on Wednesday, September 2nd. Finally, Royal Bank Of Canada cut JD Sports Fashion from an “outperform” rating to a “sector perform” rating in a report on Monday, August 3rd. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold”.

JD Sports Fashion Price Performance

OTCMKTS:JDSPY traded down $0.04 during trading hours on Wednesday, reaching $1.11. 4,342 shares of the company were exchanged, compared to its average volume of 12,531. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.51 and a current ratio of 1.51. JD Sports Fashion has a 52-week low of $0.84 and a 52-week high of $1.32. The stock has a 50 day simple moving average of $1.09 and a 200 day simple moving average of $1.06.

JD Sports Fashion Company Profile

JD Sports Fashion plc is a United Kingdom-based multichannel retailer specializing in sports-inspired footwear, apparel and accessories. The company sells products from leading athletic and lifestyle brands, including Nike, adidas and other international labels, alongside merchandise from its own and exclusive brands.

The company operates through a portfolio of retail banners that includes JD Sports, Size?, Finish Line, DTLR and Hibbett. Its operations span physical stores and e-commerce platforms, serving customers across the United Kingdom, Europe, North America, Asia-Pacific and other international markets.

JD Sports was founded in 1981 in Bury, England, by John Wardle and David Makin.