Yirendai Ltd. (NYSE:YRD) Short Interest Down 26.1% in September

Yirendai Ltd. (NYSE:YRDGet Free Report) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 47,500 shares, a drop of 26.1% from the August 31st total of 64,300 shares. Based on an average daily trading volume, of 83,000 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 83,000 shares, the short-interest ratio is currently 0.6 days.

Yirendai Stock Performance

YRD opened at $6.52 on Thursday. The company has a fifty day moving average price of $5.97 and a two-hundred day moving average price of $6.17. Yirendai has a 52 week low of $4.41 and a 52 week high of $8.74. The firm has a market capitalization of $563.39 million, a PE ratio of 3.17 and a beta of 0.82.

Yirendai (NYSE:YRDGet Free Report) last announced its quarterly earnings results on Thursday, August 21st. The technology company reported $0.57 earnings per share for the quarter. The company had revenue of $230.62 million for the quarter. Yirendai had a net margin of 21.07% and a return on equity of 13.42%. Yirendai has set its Q3 2025 guidance at EPS.

Yirendai Dividend Announcement

The business also recently announced a — dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a yield of 741.0%. Yirendai’s dividend payout ratio is presently 19.42%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Yirendai in a research report on Wednesday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Read Our Latest Research Report on YRD

Hedge Funds Weigh In On Yirendai

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. American Century Companies Inc. lifted its position in Yirendai by 35.7% during the 2nd quarter. American Century Companies Inc. now owns 23,799 shares of the technology company’s stock worth $140,000 after buying an additional 6,261 shares in the last quarter. Catalyst Funds Management Pty Ltd lifted its position in Yirendai by 13.6% during the 2nd quarter. Catalyst Funds Management Pty Ltd now owns 15,900 shares of the technology company’s stock worth $93,000 after buying an additional 1,900 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in Yirendai by 3.3% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 407,125 shares of the technology company’s stock worth $2,390,000 after buying an additional 13,138 shares in the last quarter. Trexquant Investment LP lifted its position in Yirendai by 48.8% during the 1st quarter. Trexquant Investment LP now owns 42,619 shares of the technology company’s stock worth $293,000 after buying an additional 13,973 shares in the last quarter. Finally, Atria Wealth Solutions Inc. bought a new stake in Yirendai during the 1st quarter worth about $103,000. 1.99% of the stock is owned by institutional investors and hedge funds.

Yirendai Company Profile

(Get Free Report)

Yiren Digital Ltd. provides financial services through an AI-powered platform in China. Its platform provides a suite of financial and lifestyle services. The company offers financial services, which provides a portfolio of loan products to borrowers; insurance brokerage services; and consumption and lifestyle services, including non-financial products and services to meet various consumer needs.

Read More

Receive News & Ratings for Yirendai Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yirendai and related companies with MarketBeat.com's FREE daily email newsletter.