Short Interest in Jianpu Technology Inc. (NYSE:JT) Expands By 21.7%

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Jianpu Technology Inc. (NYSE:JT) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 270,000 shares, an increase of 21.7% from the March 31st total of 221,800 shares. Based on an average trading volume of 267,400 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.7% of the company’s shares are short sold.

Shares of JT traded up $0.09 during trading hours on Tuesday, reaching $2.91. 4,181 shares of the company traded hands, compared to its average volume of 262,560. Jianpu Technology has a 12 month low of $2.02 and a 12 month high of $11.92. The company’s fifty day moving average price is $2.69 and its two-hundred day moving average price is $3.07. The company has a market capitalization of $61.45 million, a price-to-earnings ratio of -1.17 and a beta of 0.80.

A hedge fund recently bought a new stake in Jianpu Technology stock. Amundi Pioneer Asset Management Inc. bought a new stake in Jianpu Technology Inc. (NYSE:JT) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 7,900 shares of the company’s stock, valued at approximately $40,000.

Jianpu Technology Company Profile

Jianpu Technology Inc operates a platform that provides online discovery and recommendation services for financial products in the People's Republic of China. Its platform allows users to access to financial products, including consumer and other loans, credit cards, and wealth management products.

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