Short Interest in JD Sports Fashion Plc (OTCMKTS:JDSPY) Decreases By 84.8%

JD Sports Fashion Plc (OTCMKTS:JDSPY) was the recipient of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 7,924 shares, a decrease of 84.8% from the May 14th total of 52,260 shares. Based on an average trading volume of 24,894 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded JD Sports Fashion to a “hold” rating in a research report on Friday, May 22nd. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

JD Sports Fashion Trading Up 0.9%

Shares of OTCMKTS:JDSPY traded up $0.01 during midday trading on Wednesday, reaching $1.12. 7,740 shares of the company’s stock traded hands, compared to its average volume of 15,232. JD Sports Fashion has a 1 year low of $0.84 and a 1 year high of $1.39. The company has a fifty day simple moving average of $0.98 and a two-hundred day simple moving average of $1.02.

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.