Short Interest in AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) Rises By 518.0%

AIFU Inc. – Sponsored ADR (NASDAQ:AIFUGet Free Report) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 5,426 shares, a growth of 518.0% from the July 15th total of 878 shares. Based on an average daily volume of 7,580 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of AIFU

A hedge fund recently bought a new position in AIFU stock. Acadian Asset Management LLC bought a new stake in shares of AIFU Inc. – Sponsored ADR (NASDAQ:AIFUFree Report) during the 1st quarter, according to its most recent filing with the SEC. The firm bought 868,208 shares of the company’s stock, valued at approximately $182,000. Acadian Asset Management LLC owned 1.50% of AIFU as of its most recent filing with the SEC. Institutional investors and hedge funds own 26.72% of the company’s stock.

AIFU Stock Up 2.3%

NASDAQ:AIFU opened at $37.97 on Wednesday. The company has a market cap of $234.65 million, a P/E ratio of 0.17 and a beta of 1.01. The firm’s 50 day moving average is $41.34 and its two-hundred day moving average is $37.30. AIFU has a fifty-two week low of $20.00 and a fifty-two week high of $139.60.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of AIFU in a report on Monday, August 3rd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Check Out Our Latest Analysis on AIFU

About AIFU

(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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