Short Interest in 9F Inc. Sponsored ADR (NASDAQ:JFU) Decreases By 49.0%

9F Inc. Sponsored ADR (NASDAQ:JFU) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 1,558 shares, a decline of 49.0% from the July 30th total of 3,055 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 3,361 shares, the short-interest ratio is currently 0.5 days.

Analysts Set New Price Targets

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

9F Price Performance

Shares of JFU opened at $2.92 on Tuesday. 9F has a 1 year low of $1.98 and a 1 year high of $9.48. The company’s fifty day moving average is $2.47 and its two-hundred day moving average is $3.19.

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.