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

JD Sports Fashion Plc (OTCMKTS:JDSPY) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 784 shares, an increase of ∞ from the July 30th total of 0 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 2,796 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analyst Weigh In

A number of brokerages recently commented on JDSPY. Citigroup reiterated a “neutral” rating on shares of JD Sports Fashion in a report on Friday, August 21st. Zacks Research upgraded JD Sports Fashion to a “hold” rating in a research note on Friday, May 22nd. Royal Bank Of Canada lowered JD Sports Fashion from an “outperform” rating to a “sector perform” rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of JD Sports Fashion in a research note on Tuesday, July 14th. Finally, BNP Paribas Exane raised shares of JD Sports Fashion from a “neutral” rating to an “outperform” rating in a report on Friday, July 24th. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold”.

JD Sports Fashion Price Performance

JDSPY opened at $1.17 on Tuesday. JD Sports Fashion has a one year low of $0.84 and a one year high of $1.39. The company has a fifty day moving average price of $1.15 and a 200-day moving average price of $1.05. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.56 and a current ratio of 1.51.

About JD Sports Fashion

JD Sports Fashion plc (OTCMKTS: JDSPY) is a leading retailer specializing in sports-inspired fashion, footwear and accessories. Through its own retail locations and e-commerce platforms, the company offers a broad range of global and in-house brands, serving both lifestyle and performance segments. Its product portfolio spans athletic footwear, apparel and equipment from marquee names such as Nike, Adidas and The North Face, alongside private-label collections designed to meet evolving consumer tastes.

Founded in 1981 in Bury, Greater Manchester, JD Sports has grown from a single outlet into an international retail group.