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

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued 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, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

9F Stock Performance

NASDAQ:JFU traded down $0.05 during trading hours on Friday, reaching $2.90. The company’s stock had a trading volume of 3,867 shares, compared to its average volume of 406,933. The stock has a 50 day moving average price of $2.47 and a two-hundred day moving average price of $3.21. 9F has a 12 month low of $1.98 and a 12 month high of $9.48.

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.