X Financial (NYSE:XYF) Sees Significant Growth in Short Interest

X Financial (NYSE:XYF) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 16,500 shares, an increase of 258.7% from the January 31st total of 4,600 shares. Based on an average daily trading volume, of 55,200 shares, the days-to-cover ratio is currently 0.3 days.

X Financial Stock Performance

XYF stock traded down $0.46 on Friday, hitting $10.14. 46,680 shares of the company’s stock were exchanged, compared to its average volume of 33,269. X Financial has a 12-month low of $3.48 and a 12-month high of $12.37. The firm has a 50 day moving average price of $8.41 and a two-hundred day moving average price of $6.97. The stock has a market cap of $496.11 million, a P/E ratio of 2.68 and a beta of 0.31.

X Financial (NYSE:XYF) last posted its quarterly earnings results on Tuesday, November 26th. The company reported $1.24 earnings per share for the quarter. X Financial had a return on equity of 20.66% and a net margin of 25.03%.

X Financial Company Profile

X Financial provides personal finance services in the People’s Republic of China. The company offers services as an online marketplace connecting borrowers and investors or institutional funding partners. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners.