AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) Short Interest Update

AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 878 shares, a drop of 54.3% from the June 30th total of 1,920 shares. Based on an average daily trading volume, of 13,107 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

AIFU Stock Down 0.0%

Shares of NASDAQ AIFU opened at $33.98 on Tuesday. AIFU has a twelve month low of $20.00 and a twelve month high of $182.00. The firm has a market cap of $209.97 million, a PE ratio of 0.15 and a beta of 0.98. The business has a fifty day simple moving average of $43.14 and a two-hundred day simple moving average of $38.68.

AIFU (NASDAQ:AIFU) last posted 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 firm had revenue of $19.02 million during the quarter, compared to analyst estimates of $453.00 million.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of AIFU from a “sell (d)” rating to a “sell (e+)” rating in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Institutional Trading of AIFU

A hedge fund recently bought a new stake in AIFU stock. Acadian Asset Management LLC bought a new position in shares of AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 868,208 shares of the company’s stock, valued at approximately $182,000. Acadian Asset Management LLC owned approximately 1.50% of AIFU at the end of the most recent reporting period. 26.72% of the stock is owned by institutional investors.

About AIFU

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.