CNFinance Holdings Limited (NYSE:CNF) Short Interest Update

CNFinance Holdings Limited (NYSE:CNF) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 35,700 shares, a drop of 44.5% from the February 13th total of 64,300 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 38,500 shares, the short-interest ratio is currently 0.9 days.

Hedge Funds Weigh In On CNFinance

An institutional investor recently bought a new position in CNFinance stock. XTX Topco Ltd acquired a new position in shares of CNFinance Holdings Limited (NYSE:CNF) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 27,006 shares of the company’s stock, valued at approximately $26,000.

CNFinance Stock Down 3.6 %

CNF traded down $0.03 during trading hours on Friday, hitting $0.80. 415,852 shares of the company’s stock were exchanged, compared to its average volume of 40,712. The firm has a market cap of $54.85 million, a P/E ratio of 2.58 and a beta of 0.06. CNFinance has a 12-month low of $0.60 and a 12-month high of $2.84. The company has a current ratio of 874.07, a quick ratio of 679.18 and a debt-to-equity ratio of 2.35. The firm has a 50 day moving average of $1.13 and a 200 day moving average of $1.14.

CNFinance Company Profile

CNFinance Holdings Limited, through its subsidiaries, provides home equity loan services in the People's Republic of China. It offers micro credit loan services for micro and small-enterprise owners; and loan lending agency services for financial institutions. The company provides bridge loan products, which are unsecured short-term loans to pay off borrowers' existing loans secured by real property.