Jiayin Group Inc. Sponsored ADR (NASDAQ:JFIN) Stock Short Interest Report for October

Jiayin Group Inc. Sponsored ADR (NASDAQ:JFIN) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 371,245 shares, an increase of 186.8% from the October 15th total of 129,454 shares. Based on an average trading volume of 1,089,178 shares, the days-to-cover ratio is presently 0.3 days. Currently, 1.5% of the shares of the stock are short sold.

Jiayin Group Price Performance

Shares of JFIN stock traded down $0.02 during mid-day trading on Friday, reaching $1.37. The stock had a trading volume of 8,185 shares, compared to its average volume of 620,043. The company has a market cap of $71.69 million, a P/E ratio of 2.14 and a beta of 0.89. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.11. Jiayin Group has a 12-month low of $1.13 and a 12-month high of $9.01. The business has a 50-day simple moving average of $1.42 and a 200 day simple moving average of $3.52.

Jiayin Group (NASDAQ:JFIN) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.52) EPS for the quarter. Jiayin Group had a return on equity of 5.02% and a net margin of 5.39%. The business had revenue of $108.46 million during the quarter.

Institutional Trading of Jiayin Group

Institutional investors and hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC increased its stake in shares of Jiayin Group by 10.2% during the 1st quarter. Renaissance Technologies LLC now owns 132,300 shares of the company’s stock worth $554,000 after purchasing an additional 12,300 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Jiayin Group by 44.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 124,580 shares of the company’s stock valued at $524,000 after buying an additional 38,300 shares during the last quarter. Militia Capital Management LLC acquired a new stake in Jiayin Group during the 1st quarter valued at $215,000. Finally, Ramsey Quantitative Systems purchased a new position in Jiayin Group during the second quarter worth $118,000. Hedge funds and other institutional investors own 44.08% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of Jiayin Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, August 20th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Jiayin Group presently has an average rating of “Sell”.

About Jiayin Group

Jiayin Group Inc. operates a digital financial services platform focused on consumer lending in China. The platform connects individual borrowers seeking personal loans with banks and other financial institutions that provide funding. Jiayin provides services that support the lending process, including borrower acquisition, credit assessment and risk management, loan facilitation, and post-loan services. It uses data and technology to help evaluate applications and match borrowers with financing options.