NYSE:VIPSMultiline Retail
Vipshop Stake Cut Raises Questions On Institutional Sentiment And Buybacks
North of South Capital reduced its stake in Vipshop Holdings in the fourth quarter.
The move affects institutional ownership of Vipshop Holdings, ticker NYSE:VIPS.
Vipshop continues to report profitability and run share buybacks despite the position cut.
For you as a shareholder or watcher of NYSE:VIPS, this shift in ownership comes with a mixed backdrop. The stock closed at $17.54, with a 1 year return of 18.2% and a 3 year return of 35.3%. The 5 year return shows a 48.6% decline. Short...