9F Inc. Sponsored ADR (NASDAQ:JFU) Short Interest Down 30.2% in January

9F Inc. Sponsored ADR (NASDAQ:JFU) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 3,318 shares, a drop of 30.2% from the December 31st total of 4,753 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 11,431 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 11,431 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of 9F in a research note on Monday, December 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, 9F has an average rating of “Hold”.

9F Stock Performance

9F stock traded up $0.55 during trading hours on Friday, reaching $5.98. 689 shares of the company’s stock traded hands, compared to its average volume of 8,078. 9F has a fifty-two week low of $1.01 and a fifty-two week high of $9.48. The firm’s 50 day moving average is $6.11 and its 200-day moving average is $4.11.

9F (NASDAQ:JFU) last announced its earnings results on Friday, October 3rd. The company reported $9.30 earnings per share (EPS) for the quarter. The business had revenue of $10.62 million during the quarter.

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.