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Alibaba Group Holding Limited (NYSE:BABA) Short Interest Up 6 0% in May

Alibaba Group Holding Limited (NYSE:BABA – Get Free Report) saw a large increase in short interest in May. As of May 15th, there was short interest totalling 46,550,000 shares, an increase of 6.0% from the April 30th total of 43,930,000 shares. Based on an average daily trading volume, of 16,510,000 shares, the days-to-cover ratio is […]

Citigroup Trims Alibaba Group (NYSE:BABA) Target Price to $122 00

Alibaba Group (NYSE:BABA – Free Report) had its price target trimmed by Citigroup from $124.00 to $122.00 in a research report sent to investors on Wednesday, Benzinga reports. The firm currently has a buy rating on the specialty retailer’s stock. A number of other equities analysts also recently commented on BABA. Truist Financial reduced their […]

Alibaba Group Holding Limited (NYSE:BABA) Short Interest Up 7 8% in April

Alibaba Group Holding Limited (NYSE:BABA – Get Free Report) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totalling 43,930,000 shares, a growth of 7.8% from the April 15th total of 40,760,000 shares. Approximately 1.8% of the shares of the company are sold short. […]

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