Bilibili Inc. (NASDAQ:BILI) Short Interest Update

Bilibili Inc. (NASDAQ:BILI) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 26,060,000 shares, an increase of 29.0% from the January 31st total of 20,200,000 shares. Based on an average daily trading volume, of 6,630,000 shares, the short-interest ratio is currently 3.9 days.

Institutional Investors Weigh In On Bilibili

A number of hedge funds have recently made changes to their positions in BILI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Bilibili by 26.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,528 shares of the company’s stock worth $82,000 after buying an additional 735 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC grew its stake in shares of Bilibili by 3.3% in the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 23,109 shares of the company’s stock worth $419,000 after purchasing an additional 749 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Bilibili by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 110,560 shares of the company’s stock valued at $2,002,000 after purchasing an additional 1,140 shares during the period. Avior Wealth Management LLC raised its stake in shares of Bilibili by 1,817.7% during the fourth quarter. Avior Wealth Management LLC now owns 1,515 shares of the company’s stock valued at $27,000 after purchasing an additional 1,436 shares in the last quarter. Finally, Legal & General Group Plc grew its position in Bilibili by 4.1% in the 4th quarter. Legal & General Group Plc now owns 46,629 shares of the company’s stock valued at $845,000 after buying an additional 1,839 shares in the last quarter. Institutional investors own 16.08% of the company’s stock.

Bilibili Stock Performance

Shares of NASDAQ:BILI traded up $0.25 during trading on Thursday, hitting $22.36. 3,610,369 shares of the company traded hands, compared to its average volume of 7,076,100. The company has a quick ratio of 1.05, a current ratio of 1.34 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $9.27 billion, a price-to-earnings ratio of -49.79 and a beta of 0.93. Bilibili has a one year low of $9.86 and a one year high of $31.77. The business’s fifty day moving average is $18.49 and its 200-day moving average is $18.99.

Bilibili (NASDAQ:BILI) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.03 by $0.02. The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.05 billion. Bilibili had a negative net margin of 5.01% and a negative return on equity of 8.23%. As a group, equities analysts predict that Bilibili will post 0.16 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Barclays lifted their target price on Bilibili from $24.00 to $25.00 and gave the stock an “overweight” rating in a research report on Friday, February 21st. Daiwa Capital Markets upgraded Bilibili from a “neutral” rating to a “buy” rating in a report on Friday, November 8th. Daiwa America upgraded Bilibili from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 8th. Nomura Securities lowered shares of Bilibili from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Finally, Mizuho increased their price objective on shares of Bilibili from $17.00 to $21.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $20.33.

Bilibili Company Profile

Bilibili Inc provides online entertainment services for the young generations in the People's Republic of China. It offers a range of digital content, including professional user generated videos, mobile games, and value-added services, such as live broadcasting, occupationally generated videos, audio drama on Maoer, and comics on Bilibili Comic.