Jiayin Group Inc. Sponsored ADR (NASDAQ:JFIN) Stock Short Interest Report for October

Jiayin Group Inc. Sponsored ADR (NASDAQ:JFIN) was the target of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 371,245 shares, a growth of 186.8% from the October 15th total of 129,454 shares. Based on an average trading volume of 1,089,178 shares, the days-to-cover ratio is presently 0.3 days. Currently, 1.5% of the company’s shares are sold short.

Jiayin Group Trading Down 1.4%

Shares of NASDAQ:JFIN traded down $0.02 during trading on Friday, hitting $1.37. 8,185 shares of the company’s stock were exchanged, compared to its average volume of 620,043. The firm has a 50-day moving average price of $1.42 and a two-hundred day moving average price of $3.52. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.11. Jiayin Group has a 1-year low of $1.13 and a 1-year high of $9.01. The firm has a market cap of $71.69 million, a P/E ratio of 2.14 and a beta of 0.89.

Jiayin Group (NASDAQ:JFIN) last issued its earnings results on Friday, August 14th. The company reported ($0.52) EPS for the quarter. The business had revenue of $108.46 million for the quarter. Jiayin Group had a net margin of 5.39% and a return on equity of 5.02%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut Jiayin Group from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, August 20th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Institutional Trading of Jiayin Group

A number of large investors have recently made changes to their positions in the company. Ramsey Quantitative Systems bought a new stake in shares of Jiayin Group in the second quarter worth about $118,000. Militia Capital Management LLC acquired a new stake in shares of Jiayin Group in the 1st quarter valued at approximately $215,000. Dimensional Fund Advisors LP lifted its stake in Jiayin Group by 44.4% in the first quarter. Dimensional Fund Advisors LP now owns 124,580 shares of the company’s stock valued at $524,000 after acquiring an additional 38,300 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in Jiayin Group by 10.2% in the 1st quarter. Renaissance Technologies LLC now owns 132,300 shares of the company’s stock valued at $554,000 after purchasing an additional 12,300 shares during the last quarter. Institutional investors own 44.08% of the company’s stock.

Jiayin Group Company Profile

Jiayin Group Inc. operates a digital financial services platform focused on consumer lending in China. The platform connects individual borrowers seeking personal loans with banks and other financial institutions that provide funding. Jiayin provides services that support the lending process, including borrower acquisition, credit assessment and risk management, loan facilitation, and post-loan services. It uses data and technology to help evaluate applications and match borrowers with financing options.