Uxin Limited Sponsored ADR (NASDAQ:UXIN) Short Interest Update

Uxin Limited Sponsored ADR (NASDAQ:UXIN) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 675,922 shares, an increase of 62.8% from the June 30th total of 415,067 shares. Approximately 0.8% of the company’s stock are sold short. Based on an average daily volume of 513,767 shares, the days-to-cover ratio is currently 1.3 days.

Analyst Ratings Changes

UXIN has been the topic of several analyst reports. Wall Street Zen cut shares of Uxin from a “hold” rating to a “sell” rating in a research report on Saturday, June 20th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Uxin in a research note on Wednesday, July 8th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $4.50.

Uxin Stock Up 0.7%

Shares of NASDAQ:UXIN opened at $1.40 on Friday. Uxin has a 12-month low of $1.25 and a 12-month high of $4.50. The business has a 50 day moving average of $1.83 and a 200-day moving average of $2.73. The stock has a market cap of $303.02 million, a PE ratio of -6.67 and a beta of 0.85.

Uxin Company Profile

Uxin Limited is a China-based online and offline used car e-commerce platform that connects vehicle buyers and sellers through an integrated digital marketplace. Headquartered in Beijing, the company operates a network of physical used-car malls alongside its proprietary online platform, enabling customers to browse, inspect and purchase pre-owned vehicles with transparency and convenience.

The company’s core business activities encompass sourcing, quality assurance and distribution of used vehicles.