9F Inc. Sponsored ADR (NASDAQ:JFU) Short Interest Down 49.0% in August

9F Inc. Sponsored ADR (NASDAQ:JFU) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 1,558 shares, a decrease of 49.0% from the July 30th total of 3,055 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,361 shares, the days-to-cover ratio is currently 0.5 days.

9F Price Performance

Shares of JFU traded down $0.05 during trading hours on Friday, reaching $2.90. 3,867 shares of the company traded hands, compared to its average volume of 406,933. 9F has a 12-month low of $1.98 and a 12-month high of $9.48. The business has a fifty day moving average price of $2.47 and a 200-day moving average price of $3.21.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of 9F in a research report on Friday, August 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

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.