AIFU Inc. – Sponsored ADR (NASDAQ:AIFU – Get Free Report) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 5,426 shares, an increase of 518.0% from the July 15th total of 878 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,580 shares, the short-interest ratio is currently 0.7 days.
Institutional Investors Weigh In On AIFU
A hedge fund recently bought a new stake in AIFU stock. Acadian Asset Management LLC purchased a new stake in AIFU Inc. – Sponsored ADR (NASDAQ:AIFU – Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 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 SEC filing. 26.72% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of AIFU in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.
AIFU Stock Performance
NASDAQ AIFU traded up $0.92 on Thursday, reaching $37.67. The company’s stock had a trading volume of 4,017 shares, compared to its average volume of 4,610. AIFU has a twelve month low of $20.00 and a twelve month high of $139.60. The stock has a market cap of $232.83 million, a PE ratio of 0.17 and a beta of 1.01. The firm’s 50 day moving average is $41.19 and its two-hundred day moving average is $37.25.
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.
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