Short Interest in 9F Inc. Sponsored ADR (NASDAQ:JFU) Decreases By 49.4%

9F Inc. Sponsored ADR (NASDAQ:JFU) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 725 shares, a decrease of 49.4% from the March 15th total of 1,432 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 3,635 shares, the short-interest ratio is presently 0.2 days.

9F Stock Down 2.3%

Shares of JFU traded down $0.07 during mid-day trading on Wednesday, hitting $2.86. The company’s stock had a trading volume of 4,844 shares, compared to its average volume of 6,685. 9F has a 1-year low of $1.01 and a 1-year high of $9.48. The firm has a 50-day simple moving average of $4.03 and a 200 day simple moving average of $4.85.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of 9F in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

About 9F

9F Inc (NASDAQ: JFU) is a China-based financial technology company that provides a suite of online financial services aimed at individual and institutional investors. Leveraging proprietary risk management and data analytics capabilities, the company primarily engages in asset management, consumer finance, and supply chain finance. Its technology-driven platform enables users to access diversified investment products, manage credit risk, and participate in secondary market trading through an integrated digital interface.

The company’s product offerings include online wealth management solutions, microloans, small- and medium-enterprise (SME) financing, and credit management services.