9F Inc. Sponsored ADR (NASDAQ:JFU) Short Interest Update

9F Inc. Sponsored ADR (NASDAQ:JFU) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 28,587 shares, an increase of 1,734.9% from the August 15th total of 1,558 shares. Based on an average daily volume of 673,840 shares, the short-interest ratio is presently 0.0 days. Currently, 0.5% of the company’s stock are short sold.

9F Stock Down 8.9%

Shares of JFU stock traded down $0.25 on Friday, hitting $2.51. The company’s stock had a trading volume of 634 shares, compared to its average volume of 408,088. 9F has a fifty-two week low of $1.98 and a fifty-two week high of $9.48. The firm’s fifty day moving average price is $2.47 and its 200-day moving average price is $3.08.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of 9F in a report on Friday, August 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, 9F currently has an average rating of “Sell”.

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.