9F Inc. Sponsored ADR (NASDAQ:JFU) Sees Significant Growth in Short Interest

9F Inc. Sponsored ADR (NASDAQ:JFU) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 6,862 shares, a growth of 74.7% from the November 30th total of 3,929 shares. Based on an average daily volume of 18,781 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 18,781 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of 9F in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, 9F currently has an average rating of “Hold”.

9F Stock Performance

Shares of JFU stock opened at $7.40 on Friday. The business has a fifty day simple moving average of $5.35 and a 200 day simple moving average of $3.28. 9F has a twelve month low of $1.01 and a twelve month high of $9.48.

9F (NASDAQ:JFU) last issued its earnings results on Friday, October 3rd. The company reported $9.30 EPS for the quarter. The business had revenue of $10.62 million for the quarter.

About 9F

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.