Short Interest in 9F Inc. Sponsored ADR (NASDAQ:JFU) Expands By 1,734.9%

9F Inc. Sponsored ADR (NASDAQ:JFU) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 28,587 shares, a growth of 1,734.9% from the August 15th total of 1,558 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 673,840 shares, the short-interest ratio is presently 0.0 days.

9F Trading Up 0.7%

Shares of JFU traded up $0.02 during trading hours on Thursday, hitting $2.76. The company had a trading volume of 382 shares, compared to its average volume of 57,534. 9F has a one year low of $1.98 and a one year high of $9.48. The company’s fifty day moving average price is $2.47 and its two-hundred day moving average price is $3.10.

Analyst Upgrades and Downgrades

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

9F Company Profile

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.