AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) Sees Significant Growth in Short Interest

AIFU Inc. – Sponsored ADR (NASDAQ:AIFUGet Free Report) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 30,526 shares, an increase of 151.8% from the May 31st total of 12,123 shares. Based on an average daily trading volume, of 56,247 shares, the short-interest ratio is presently 0.5 days. Currently, 0.7% of the company’s stock are short sold.

AIFU Price Performance

Shares of AIFU stock opened at $46.46 on Monday. AIFU has a 12 month low of $20.00 and a 12 month high of $188.01. The business’s 50 day moving average is $40.29 and its two-hundred day moving average is $41.43. The company has a market cap of $287.12 million, a PE ratio of 0.16 and a beta of 1.00.

AIFU (NASDAQ:AIFUGet Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported ($4,060.30) earnings per share for the quarter, missing analysts’ consensus estimates of $237.20 by ($4,297.50). The firm had revenue of $19.02 million for the quarter, compared to analyst estimates of $453.00 million.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut AIFU from a “sell (d)” rating to a “sell (e+)” rating in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on AIFU

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in AIFU stock. Acadian Asset Management LLC purchased a new stake in shares of AIFU Inc. – Sponsored ADR (NASDAQ:AIFUFree Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 868,208 shares of the company’s stock, valued at approximately $182,000. Acadian Asset Management LLC owned 1.50% of AIFU at the end of the most recent reporting period. 26.72% of the stock is owned by hedge funds and other institutional investors.

AIFU Company Profile

(Get Free Report)

AIX, Inc engages in the provision of agency services and insurance claims adjusting services. It operates through the Insurance Agency and Claims Adjusting segments. The Insurance Agency segment includes providing agency services for insurance products and life insurance products. The Claims Adjusting segment provides pre-underwriting survey services, claims adjusting services, disposal of residual value services, loading and unloading supervision services, and consulting services. The company was founded by Yin An Hu and Qiu Ping Lai in 1998 and is headquartered in Guangzhou, China.

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