Baidu Sees 14.2% Decrease in Short Interest in January

Baidu, Inc. short interest fell 14.2% in January. Total shorted shares reached 6,914,433 as of January 30th.

Shorted shares represent approximately 2.4% of the company. The short-interest ratio stands at 2.4 days.

ARK Investment Management increased its Baidu stake by 129.4%. Voya Investment Management initiated a new $2.0 million position.

Analysts maintain a consensus "Moderate Buy" rating. The average price target is $157.05.