9F Inc. (NASDAQ:JFU) Sees Significant Decrease in Short Interest

9F Inc. (NASDAQ:JFU) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totalling 8,600 shares, a decline of 8.5% from the December 15th total of 9,400 shares. Based on an average daily trading volume, of 14,300 shares, the short-interest ratio is currently 0.6 days.

9F Price Performance

NASDAQ:JFU traded up $0.07 during trading hours on Friday, hitting $1.52. 29,418 shares of the stock traded hands, compared to its average volume of 5,307. The stock has a 50 day moving average price of $1.48 and a 200 day moving average price of $1.73. 9F has a 1 year low of $1.13 and a 1 year high of $3.75.

About 9F

9F Inc, together with its subsidiaries, operates internet securities service platform in the People's Republic of China. The company operates through three segments: Technology Empowerment Services, E-commerce business, and Wealth Management. Its products include digital financial accounts that offer online lending, wealth management, and payment facilitation services; revolving and non-revolving loan products to borrowers, as well as traffic referral services to financial institution partners; and a suite of online wealth management products, such as fixed income products, stocks, insurance, bank wealth management products, and mutual funds to investors in various platforms, including Wukong Licai, 9F Wallet, and 9F Puhui.