Global X Social Media ETF (SOCL) Forms $34.48 Double Top; TO Express Cayman (ZTO) SI Decreased By 7.49%

TO Express Cayman Incorporated (NYSE:ZTO) had a decrease of 7.49% in short interest. ZTO’s SI was 17.18M shares in January as released by FINRA. Its down 7.49% from 18.57 million shares previously. With 2.30 million avg volume, 8 days are for TO Express Cayman Incorporated (NYSE:ZTO)’s short sellers to cover ZTO’s short positions. The stock increased 1.00% or $0.16 during the last trading session, reaching $16.1. About 168,843 shares traded. ZTO Express (NYSE:Cayman Inc) has 0.00% since January 17, 2017 and is . It has underperformed by 16.70% the S&P500.

Global X Social Media ETF (SOCL) formed double top with $35.86 target or 4.00% above today’s $34.48 share price. Global X Social Media ETF (SOCL) has $173.44M valuation. The ETF increased 0.23% or $0.08 during the last trading session, reaching $34.48. About 9,215 shares traded. Global X Social Media ETF (NASDAQ:SOCL) has risen 52.91% since January 17, 2017 and is uptrending. It has outperformed by 36.21% the S&P500.

ZTO Express Inc., through its subsidiaries, provides express delivery and other value-added logistics services in China. The company has market cap of $11.49 billion. It offers delivery services for e-commerce merchants, traditional merchants, and other express service users, as well as through business partners. It has a 28.55 P/E ratio. As of December 31, 2016, the firm operated a fleet of approximately 2,900 self-owned trucks.

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