Short Interest in 9F Inc. Sponsored ADR (NASDAQ:JFU) Drops By 30.7%

9F Inc. Sponsored ADR (NASDAQ:JFU) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 4,753 shares, a decline of 30.7% from the December 15th total of 6,862 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 7,253 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 7,253 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% of the company’s stock are short sold.

9F Stock Down 1.2%

JFU traded down $0.08 on Monday, reaching $5.98. The company had a trading volume of 11,075 shares, compared to its average volume of 8,859. 9F has a fifty-two week low of $1.01 and a fifty-two week high of $9.48. The company’s fifty day moving average is $5.85 and its 200 day moving average is $3.86.

9F (NASDAQ:JFU) last issued its quarterly earnings data on Friday, October 3rd. The company reported $9.30 earnings per share (EPS) for the quarter. The firm had revenue of $10.62 million for the quarter.

Wall Street Analyst Weigh In

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