Short Interest in AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) Drops By 47.3%

AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 5,483 shares, a decrease of 47.3% from the December 31st total of 10,410 shares. Based on an average daily volume of 21,282 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the shares of the stock are short sold. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 21,282 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of AIFU

A hedge fund recently bought a new stake in AIFU stock. Acadian Asset Management LLC bought a new position in shares of AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 868,208 shares of the company’s stock, valued at approximately $182,000. Acadian Asset Management LLC owned about 1.50% of AIFU as of its most recent SEC filing. Institutional investors own 26.72% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of AIFU in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

AIFU Stock Up 5.4%

NASDAQ AIFU opened at $2.05 on Friday. The company has a market cap of $5.95 million, a price-to-earnings ratio of 0.14 and a beta of 0.58. AIFU has a twelve month low of $1.50 and a twelve month high of $10.71. The business’s fifty day moving average is $2.69 and its 200 day moving average is $4.53.

AIFU (NASDAQ:AIFU) last announced its quarterly earnings results on Tuesday, September 30th. The company reported ($854.10) EPS for the quarter. The firm had revenue of $20.76 million during the quarter.

AIFU Company Profile

AIX, Inc engages in the provision of agency services and insurance claims adjusting services. It operates through the Insurance Agency and Claims Adjusting segments. The Insurance Agency segment includes providing agency services for insurance products and life insurance products. The Claims Adjusting segment provides pre-underwriting survey services, claims adjusting services, disposal of residual value services, loading and unloading supervision services, and consulting services. The company was founded by Yin An Hu and Qiu Ping Lai in 1998 and is headquartered in Guangzhou, China.