9F Inc. (NASDAQ:JFU – Get Free Report) saw a large increase in short interest in February. As of February 15th, there was short interest totalling 16,400 shares, an increase of 97.6% from the January 31st total of 8,300 shares. Based on an average trading volume of 9,000 shares, the days-to-cover ratio is currently 1.8 days.
9F Stock Down 1.0 %
NASDAQ:JFU traded down $0.02 during mid-day trading on Friday, hitting $1.50. 912 shares of the company’s stock were exchanged, compared to its average volume of 7,362. 9F has a fifty-two week low of $1.13 and a fifty-two week high of $3.75. The company has a 50 day simple moving average of $1.51 and a 200-day simple moving average of $1.63.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 9F in a report on Wednesday, February 19th.
9F Company Profile
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.
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