9F Inc. Sponsored ADR (NASDAQ:JFU) Short Interest Down 51.5% in June

9F Inc. Sponsored ADR (NASDAQ:JFU) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 3,473 shares, a decline of 51.5% from the June 15th total of 7,156 shares. Based on an average trading volume of 2,874 shares, the short-interest ratio is currently 1.2 days. Currently, 0.1% of the company’s shares are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings cut 9F from a “hold (c-)” rating to a “sell (d)” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, 9F currently has an average rating of “Sell”.

9F Stock Up 3.2%

NASDAQ:JFU opened at $2.37 on Friday. 9F has a 1-year low of $1.51 and a 1-year high of $9.48. The company has a 50-day moving average of $3.01 and a 200 day moving average of $3.98.

9F (NASDAQ:JFU) last posted its earnings results on Friday, May 1st. The company reported ($0.28) EPS for the quarter. The business had revenue of $10.10 million for the quarter.

9F Company Profile

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.