Jiayin Group Inc. (NASDAQ:JFIN) Short Interest Update

Jiayin Group Inc. (NASDAQ:JFIN) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 27,100 shares, an increase of 116.8% from the September 15th total of 12,500 shares. Based on an average daily trading volume, of 117,600 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Jiayin Group

Institutional investors and hedge funds have recently bought and sold shares of the business. Ariadne Wealth Management LP acquired a new position in shares of Jiayin Group during the 2nd quarter worth approximately $31,000. Fermata Advisors LLC acquired a new position in shares of Jiayin Group in the second quarter valued at $78,000. Advisors Preferred LLC acquired a new position in shares of Jiayin Group in the first quarter valued at $98,000. Finally, Boston Partners acquired a new stake in shares of Jiayin Group during the 1st quarter worth about $439,000. Institutional investors own 44.08% of the company’s stock.

Jiayin Group Stock Down 0.4 %

Shares of NASDAQ:JFIN traded down $0.03 during midday trading on Friday, hitting $7.29. The stock had a trading volume of 78,065 shares, compared to its average volume of 80,756. The company has a market cap of $391.40 million, a P/E ratio of 2.34 and a beta of 0.83. Jiayin Group has a 12 month low of $4.00 and a 12 month high of $8.58. The business’s 50-day simple moving average is $5.97 and its 200-day simple moving average is $6.24.

Jiayin Group (NASDAQ:JFIN) last announced its quarterly earnings data on Tuesday, August 27th. The company reported $0.60 EPS for the quarter. The company had revenue of $203.15 million during the quarter. Jiayin Group had a net margin of 20.00% and a return on equity of 49.78%.

Jiayin Group Announces Dividend

The firm also recently declared a — dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, August 27th were given a dividend of $0.50 per share. This represents a yield of 14.5%. The ex-dividend date was Tuesday, August 27th. Jiayin Group’s dividend payout ratio (DPR) is presently 28.30%.

Jiayin Group Company Profile

Jiayin Group Inc, together with its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates a fintech platform that facilitates connections between individual borrowers and financial institutions. It also offers referral services for investment products offered by the financial service providers; and technology development and services, as well as guarantee services.