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

AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 1,920 shares, a decline of 93.7% from the June 15th total of 30,526 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 29,308 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On AIFU

An institutional investor recently bought a new stake in AIFU stock. Acadian Asset Management LLC acquired a new position in AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 868,208 shares of the company’s stock, valued at approximately $182,000. Acadian Asset Management LLC owned 1.50% of AIFU as of its most recent filing with the Securities & Exchange Commission. 26.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings lowered 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 data from MarketBeat.com, the stock presently has an average rating of “Sell”.

AIFU Price Performance

NASDAQ:AIFU traded down $1.34 during trading hours on Friday, reaching $36.99. The company had a trading volume of 15,103 shares, compared to its average volume of 19,065. AIFU has a 1-year low of $20.00 and a 1-year high of $188.01. The firm has a market cap of $228.60 million, a PE ratio of 0.16 and a beta of 0.98. The business’s 50 day moving average price is $42.97 and its 200-day moving average price is $40.38.

AIFU (NASDAQ:AIFU) last posted its quarterly earnings data on Tuesday, April 28th. The company reported ($4,060.30) 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.

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.