9F Inc. Sponsored ADR (NASDAQ:JFU) Short Interest Up 170.8% in May

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

Wall Street Analyst Weigh In

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

9F Price Performance

NASDAQ JFU traded down $0.04 during trading hours on Friday, hitting $2.94. The company’s stock had a trading volume of 10,171 shares, compared to its average volume of 8,926. 9F has a 52 week low of $1.25 and a 52 week high of $9.48. The company’s 50-day simple moving average is $3.22 and its two-hundred day simple moving average is $4.56.

9F (NASDAQ:JFU) last posted its earnings results on Friday, May 1st. The company reported ($0.28) EPS for the quarter. The business had revenue of $10.10 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.