Autohome Inc., an information services provider, experienced a significant decline in short interest during March. Currently, about 1.6% of the company’s shares are being traded for challenging profits via short selling. However, quite recently, several large investors purchased Autohome’s shares contributing to its fluctuating standings in NASDAQ as per our reference date on file. It is apposite to observe that nearly 50% of Autohome’s stock is owned by institutional investors. Autohome’s recommendations have been mixed: JPMorgan Chase & Co. issued a “neutral” rating for the company while StockNews.com recently raised its “hold” rating of the Autohome stock to “buy”.

Source: Forbes April 24, 2023 17:25 UTC