9F Inc. Sponsored ADR (NASDAQ:JFU) Short Interest Down 51.5% in June

9F Inc. Sponsored ADR (NASDAQ:JFU) saw a large decrease in short interest in June. As of June 30th, there was short interest totaling 3,473 shares, a decrease of 51.5% from the June 15th total of 7,156 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 2,874 shares, the days-to-cover ratio is currently 1.2 days.

9F Price Performance

JFU stock traded down $0.03 during midday trading on Wednesday, hitting $2.38. 508 shares of the company’s stock were exchanged, compared to its average volume of 7,067. The business has a 50-day simple moving average of $3.05 and a two-hundred day simple moving average of $4.05. 9F has a 1-year low of $1.51 and a 1-year high of $9.48.

9F (NASDAQ:JFU) last announced its quarterly earnings results on Friday, May 1st. The company reported ($0.28) EPS for the quarter. The firm had revenue of $10.10 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of 9F from a “hold (c-)” rating to a “sell (d)” rating in a report on Tuesday, May 26th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, 9F has a consensus rating of “Sell”.

9F Company Profile

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.