51job, Inc. (NASDAQ:JOBS – Get Rating) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 4,820,000 shares, an increase of 25.8% from the March 15th total of 3,830,000 shares. Based on an average daily volume of 812,500 shares, the days-to-cover ratio is presently 5.9 days.
Several equities research analysts have issued reports on JOBS shares. StockNews.com raised shares of 51job from a “sell” rating to a “hold” rating in a report on Friday, April 8th. Zacks Investment Research upgraded shares of 51job from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 8th.
Several institutional investors and hedge funds have recently bought and sold shares of JOBS. FMR LLC grew its position in 51job by 14.8% in the first quarter. FMR LLC now owns 218,472 shares of the company’s stock valued at $17,014,000 after acquiring an additional 28,100 shares during the last quarter. Nordea Investment Management AB lifted its stake in 51job by 100.0% in the third quarter. Nordea Investment Management AB now owns 23,152 shares of the company’s stock valued at $1,620,000 after buying an additional 11,576 shares during the period. Asset Management One Co. Ltd. lifted its stake in 51job by 296.0% in the third quarter. Asset Management One Co. Ltd. now owns 23,974 shares of the company’s stock valued at $1,666,000 after buying an additional 17,920 shares during the period. Parallel Advisors LLC raised its position in shares of 51job by 39.5% during the third quarter. Parallel Advisors LLC now owns 583 shares of the company’s stock worth $41,000 after purchasing an additional 165 shares during the period. Finally, BNP Paribas Asset Management Holding S.A. raised its position in shares of 51job by 6.4% during the third quarter. BNP Paribas Asset Management Holding S.A. now owns 659,766 shares of the company’s stock worth $45,874,000 after purchasing an additional 39,603 shares during the period. 97.97% of the stock is owned by institutional investors.
About 51job (Get Rating)
51job, Inc, through its subsidiaries, provides integrated human resource services in the People's Republic of China. The company offers online recruitment services through its Websites comprising 51job.com, yingjiesheng.com, 51jingying.com, lagou.com, and 51mdd.com; and mobile applications that enable job seekers to access their accounts through mobile devices and utilize functions available on their Websites.
- Get a free copy of the StockNews.com research report on 51job (JOBS)
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