Short Interest in 9F Inc. Sponsored ADR (NASDAQ:JFU) Expands By 1,734.9%

9F Inc. Sponsored ADR (NASDAQ:JFU – Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 28,587 shares, a growth of 1,734.9% from the August 15th total of 1,558 shares. Based on an average daily volume of 673,840 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.5% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of 9F in a research report on Friday, August 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, 9F presently has an average rating of “Sell”.

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9F Trading Up 0.7%

Shares of NASDAQ JFU traded up $0.02 during midday trading on Thursday, hitting $2.76. The company’s stock had a trading volume of 382 shares, compared to its average volume of 57,534. The business’s 50 day moving average is $2.47 and its two-hundred day moving average is $3.10. 9F has a 12-month low of $1.98 and a 12-month high of $9.48.

9F Company Profile

(Get Free Report)

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.

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