AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) Sees Significant Decrease in Short Interest

AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) saw a large decline in short interest in December. As of December 15th, there was short interest totaling 14,412 shares, a decline of 18.3% from the November 30th total of 17,631 shares. Based on an average trading volume of 3,235 shares, the short-interest ratio is currently 4.5 days. Approximately 0.7% of the company’s stock are sold short. Approximately 0.7% of the company’s stock are sold short. Based on an average trading volume of 3,235 shares, the short-interest ratio is currently 4.5 days.

Institutional Trading of AIFU

An institutional investor recently bought a new position in AIFU stock. Acadian Asset Management LLC bought a new stake in AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 868,208 shares of the company’s stock, valued at approximately $182,000. Acadian Asset Management LLC owned 1.50% of AIFU as of its most recent SEC filing. 26.72% of the stock is currently owned by hedge funds and other institutional investors.

AIFU Stock Performance

AIFU stock opened at $2.68 on Friday. The stock has a market cap of $7.76 million, a P/E ratio of 0.18 and a beta of 0.55. AIFU has a twelve month low of $1.50 and a twelve month high of $23.60. The company’s 50 day moving average is $3.39 and its two-hundred day moving average is $4.97.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Wall Street Zen raised shares of AIFU from a “sell” rating to a “hold” rating in a research report on Sunday, September 21st. Weiss Ratings restated a “hold (c-)” rating on shares of AIFU in a research note on Monday. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

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.