Short Interest in AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) Grows By 151.8%

AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 30,526 shares, a growth of 151.8% from the May 31st total of 12,123 shares. Based on an average daily volume of 56,247 shares, the short-interest ratio is presently 0.5 days. Approximately 0.7% of the shares of the company are sold short.

Institutional Investors Weigh In On AIFU

An institutional investor recently bought a new position in AIFU stock. Acadian Asset Management LLC acquired a new position in shares of AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 868,208 shares of the company’s stock, valued at approximately $182,000. Acadian Asset Management LLC owned about 1.50% of AIFU as of its most recent filing with the SEC. Institutional investors own 26.72% of the company’s stock.

AIFU Stock Performance

NASDAQ AIFU traded down $0.65 during trading on Tuesday, reaching $42.35. The company’s stock had a trading volume of 470 shares, compared to its average volume of 3,327. The firm has a market cap of $261.75 million, a price-to-earnings ratio of 0.15 and a beta of 1.00. AIFU has a twelve month low of $20.00 and a twelve month high of $188.01. The business’s fifty day moving average price is $40.67 and its 200-day moving average price is $41.32.

AIFU (NASDAQ:AIFU) last released its quarterly earnings results on Tuesday, April 28th. The company reported ($4,060.30) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $237.20 by ($4,297.50). The company had revenue of $19.02 million during the quarter, compared to analysts’ expectations of $453.00 million.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut AIFU from a “sell (d)” rating to a “sell (e+)” rating in a research report on Wednesday, May 6th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

AIFU Company Profile

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.