Yiren Digital Ltd. (NYSE:YRD) Short Interest Update


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Yiren Digital Ltd. (NYSE:YRD) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totalling 220,000 shares, a decline of 18.2% from the March 31st total of 269,100 shares. Based on an average daily volume of 279,400 shares, the short-interest ratio is currently 0.8 days.

YRD traded down $0.04 on Tuesday, reaching $3.80. 47,616 shares of the company’s stock were exchanged, compared to its average volume of 244,078. The stock has a market cap of $352.67 million, a PE ratio of 6.00 and a beta of 1.36. Yiren Digital has a twelve month low of $2.70 and a twelve month high of $6.80. The stock’s fifty day moving average price is $4.35 and its 200-day moving average price is $3.98. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 3.42.

Yiren Digital (NYSE:YRD) last posted its quarterly earnings results on Thursday, April 1st. The technology company reported $0.18 earnings per share for the quarter. The firm had revenue of $177.91 million for the quarter. Yiren Digital had a net margin of 6.80% and a return on equity of 10.44%.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Mercer Global Advisors Inc. ADV acquired a new position in Yiren Digital during the third quarter worth about $44,000. Virtu Financial LLC acquired a new position in Yiren Digital in the 4th quarter valued at about $52,000. Truist Financial Corp boosted its holdings in Yiren Digital by 14.3% in the 4th quarter. Truist Financial Corp now owns 32,808 shares of the technology company’s stock valued at $110,000 after purchasing an additional 4,105 shares during the last quarter. Susquehanna International Group LLP boosted its holdings in Yiren Digital by 211.1% in the 4th quarter. Susquehanna International Group LLP now owns 53,501 shares of the technology company’s stock valued at $178,000 after purchasing an additional 36,301 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Yiren Digital by 3.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 859,040 shares of the technology company’s stock valued at $2,870,000 after purchasing an additional 29,582 shares during the last quarter. Hedge funds and other institutional investors own 4.92% of the company’s stock.

Separately, TheStreet cut shares of Yiren Digital from a “c-” rating to a “d+” rating in a research note on Tuesday, April 20th.

Yiren Digital Company Profile

Yiren Digital Ltd., through its subsidiaries, operates as an online consumer finance marketplace that connects borrowers and investors primarily in the People's Republic of China. The company provides loan facilitation services; post-origination services, such as cash processing, collection, and SMS services; and automated investing tool for investors to invest in loans through its marketplace, and self-directed investing tool that enables investors to select lending opportunities to approved borrowers that are posted on its marketplace.

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