XChange TEC.INC (NASDAQ:XHG) Sees Large Decrease in Short Interest

XChange TEC.INC (NASDAQ:XHG) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 14,200 shares, a decrease of 51.9% from the August 31st total of 29,500 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 1,530,000 shares, the days-to-cover ratio is currently 0.0 days.

XChange TEC.INC Trading Down 7.1 %

Shares of XHG stock opened at $0.98 on Friday. XChange TEC.INC has a 12-month low of $0.37 and a 12-month high of $15.59.

About XChange TEC.INC

XChange TEC.INC engages in the professional insurance agency business in the People’s Republic of China. The company provides a various insurance products underwritten by insurance companies, including state-owned property and casualty insurance companies, as well as various regional property and casualty insurance companies.