Jiayin Group Inc. Sponsored ADR (NASDAQ:JFIN – Get Free Report) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 128,879 shares, a decline of 15.2% from the February 26th total of 152,034 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily volume of 44,959 shares, the days-to-cover ratio is presently 2.9 days.
Institutional Trading of Jiayin Group
Several large investors have recently bought and sold shares of the business. Cooper Investors PTY Ltd. bought a new position in Jiayin Group in the fourth quarter valued at about $56,000. Raymond James Financial Inc. bought a new position in shares of Jiayin Group in the second quarter worth about $63,000. BNP Paribas Financial Markets bought a new position in shares of Jiayin Group in the third quarter worth about $70,000. American Century Companies Inc. acquired a new stake in shares of Jiayin Group in the 2nd quarter valued at approximately $199,000. Finally, Millennium Management LLC bought a new stake in shares of Jiayin Group during the 3rd quarter valued at approximately $209,000. 44.08% of the stock is owned by institutional investors and hedge funds.
Jiayin Group Price Performance
Shares of JFIN opened at $4.78 on Tuesday. Jiayin Group has a one year low of $4.73 and a one year high of $19.23. The company has a market cap of $255.11 million, a P/E ratio of 1.06 and a beta of 0.83. The firm has a 50 day simple moving average of $6.23 and a two-hundred day simple moving average of $7.69.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Jiayin Group in a research note on Friday. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.
Get Our Latest Stock Report on Jiayin Group
About Jiayin Group
Jiayin Group (NASDAQ: JFIN) is a China-based, technology-driven consumer finance marketplace that connects individual borrowers with institutional lenders. The company’s online platform leverages proprietary credit scoring models, big data analytics and AI‐powered risk management tools to streamline the loan application, approval and disbursement processes. By integrating end-to-end services—including borrower acquisition, credit assessment, loan servicing and collection—Jiayin Group provides a comprehensive fintech solution for unsecured personal loans.
Through its platform, Jiayin Group offers financial institutions access to an underserved segment of the consumer credit market, particularly in third- and fourth‐tier cities across China.
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