GDS Holdings Limited ADS closed at $20.05 on Nov 12, down 11.36%, within 0.0% of its 52-week closing low. Volume of 4.4M shares was 1.66× its 20-day average (above normal).
Split-adjusted performance: -22.5% over one month, -55.2% over six months, -39.8% over one year.
Short interest was 14.5M shares at the Oct 30 settlement, up 5.8% from the prior report (6.2 days to cover).
GDS Holdings started as an IT service provider in 2001, then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates, and transfers data centers for other clients.
What is GDS's market cap?
$4.02B, based on the Nov 12 close of $20.05.
About GDS Holdings Limited ADS
GDS Holdings started as an IT service provider in 2001, then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates, and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. Its data centers are located predominantly in and around the Tier 1 cities in China, and it has also started expanding into Southeast Asia via the now 23% owned DayOne. GDS listed on the Nasdaq in 2016 and completed a secondary listing in Hong Kong in 2020.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology