Lufax Holding Ltd. Sponsored ADR (NYSE:LU) Short Interest Update

Lufax Holding Ltd. Sponsored ADR (NYSE:LU) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 6,457,253 shares, an increase of 70.9% from the February 26th total of 3,777,497 shares. Based on an average daily trading volume, of 1,805,021 shares, the days-to-cover ratio is currently 3.6 days. Currently, 0.7% of the shares of the stock are sold short.

Lufax Stock Performance

LU traded down $0.07 on Friday, reaching $1.83. The company had a trading volume of 1,089,451 shares, compared to its average volume of 2,086,693. Lufax has a 52-week low of $1.73 and a 52-week high of $4.57. The company has a market cap of $1.58 billion, a price-to-earnings ratio of -2.34 and a beta of 0.64. The business has a 50 day simple moving average of $2.53 and a 200 day simple moving average of $2.82.

Lufax (NYSE:LU) last announced its quarterly earnings data on Tuesday, February 17th. The company reported ($1.19) EPS for the quarter. The firm had revenue of $724.89 million during the quarter. As a group, equities research analysts predict that Lufax will post -0.41 EPS for the current fiscal year.

Key Lufax News

Here are the key news stories impacting Lufax this week:

• Negative Sentiment: Howard G. Smith law firm encourages Lufax investors to inquire about a securities‑fraud class action covering Apr 7, 2023–Jan 26, 2025; lead plaintiff motions due May 20, 2026. Law Offices of Howard G. Smith Encourages Lufax Holding Ltd.
• Negative Sentiment: Rosen Law Firm announces it filed a class action for Lufax purchasers in the same class period and urges investors to secure counsel before deadlines. ROSEN, SKILLED INVESTOR COUNSEL, Encourages Lufax Holding Ltd Investors…
• Negative Sentiment: Bronstein, Gewirtz & Grossman urges Lufax investors to act and seeks recovery for alleged securities‑fraud violations in the same class period. Bronstein, Gewirtz & Grossman LLC Urges Lufax Holding Ltd Investors to Act
• Negative Sentiment: The Gross Law Firm issues a shareholder alert on the Lufax securities lawsuit and the lead‑plaintiff deadline. LU Shareholder Alert: The Gross Law Firm
• Negative Sentiment: Faruqi & Faruqi reminds LU investors of the May 20, 2026 securities class action deadline and is investigating claims. LU INVESTOR ALERT: Faruqi & Faruqi, LLP Reminds Lufax (LU) Investors…
• Negative Sentiment: Robbins LLP issues a class action reminder to Lufax shareholders about the lead plaintiff deadline. LU Class Action Reminder – Robbins LLP
• Negative Sentiment: Glancy Prongay Wolke & Rotter LLP and Berger Montague also announced investigations/class actions, increasing the number of firms pursuing claims against Lufax. Securities Fraud Investigation Into Lufax Holding Ltd. (LU) Announced
• Negative Sentiment: Pomerantz and other firms have issued investor alerts and reminders; the coordinated notices make media coverage and investor attention more likely and could drive further selling pressure. INVESTOR ALERT: Pomerantz Law Firm Reminds Investors

Hedge Funds Weigh In On Lufax

Several hedge funds have recently made changes to their positions in the business. Alpine Investment Management Ltd purchased a new stake in Lufax in the third quarter worth $17,154,000. Norges Bank purchased a new position in Lufax during the fourth quarter valued at $8,067,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Lufax by 2,378.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,168,162 shares of the company’s stock valued at $6,049,000 after buying an additional 2,080,678 shares in the last quarter. Yunqi Capital Ltd boosted its holdings in shares of Lufax by 8.4% during the 3rd quarter. Yunqi Capital Ltd now owns 10,950,138 shares of the company’s stock valued at $44,458,000 after buying an additional 852,098 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Lufax in the 2nd quarter worth about $2,276,000. 69.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered Lufax from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Two research analysts have rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

About Lufax

Lufax (NYSE: LU) is a leading provider of online wealth management and personal finance services in China. Established in 2011 as a spin-off from Ping An Insurance (Group) Company of China, Lufax has developed a digital ecosystem designed to match retail and institutional investors with a diverse array of financial products. The company went public on the New York Stock Exchange in October 2020, underscoring its ambition to expand beyond its domestic market.

The firm’s core business activities include peer-to-peer lending, consumer finance, supply chain and small-business lending, as well as online asset management.