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

JD Sports Fashion Plc (OTCMKTS:JDSPY) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 56 shares. Based on an average daily volume of 21,139 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

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

JD Sports Fashion Stock Down 3.2%

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

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.