9F Inc. Sponsored ADR (NASDAQ:JFU) Sees Large Increase in Short Interest

9F Inc. Sponsored ADR (NASDAQ:JFU) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 4,363 shares, a growth of 170.8% from the May 14th total of 1,611 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 5,229 shares, the short-interest ratio is currently 0.8 days.

9F Stock Performance

Shares of NASDAQ JFU traded down $0.04 during trading hours on Friday, hitting $2.94. 10,171 shares of the company traded hands, compared to its average volume of 8,926. The company’s 50 day moving average price is $3.22 and its 200 day moving average price is $4.56. 9F has a 12 month low of $1.25 and a 12 month high of $9.48.

9F (NASDAQ:JFU) last released its earnings results on Friday, May 1st. The company reported ($0.28) earnings per share for the quarter. The firm had revenue of $10.10 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut 9F from a “hold (c-)” rating to a “sell (d)” rating in a report on Tuesday, May 26th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, 9F has a consensus rating of “Sell”.

9F Company Profile

9F Inc (NASDAQ: JFU) is a China-based financial technology company that provides a suite of online financial services aimed at individual and institutional investors. Leveraging proprietary risk management and data analytics capabilities, the company primarily engages in asset management, consumer finance, and supply chain finance. Its technology-driven platform enables users to access diversified investment products, manage credit risk, and participate in secondary market trading through an integrated digital interface.

The company’s product offerings include online wealth management solutions, microloans, small- and medium-enterprise (SME) financing, and credit management services.