AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) Short Interest Up 162.0% in January

AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 14,367 shares, a growth of 162.0% from the January 15th total of 5,483 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily volume of 92,715 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 92,715 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.7% of the shares of the company are sold short.

Institutional Investors Weigh In On AIFU

A hedge fund recently bought a new stake in AIFU stock. Acadian Asset Management LLC purchased a new position in shares of AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 868,208 shares of the company’s stock, valued at approximately $182,000. Acadian Asset Management LLC owned approximately 1.50% of AIFU at the end of the most recent reporting period. 26.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of AIFU from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

AIFU Price Performance

AIFU stock opened at $1.68 on Friday. AIFU has a fifty-two week low of $1.50 and a fifty-two week high of $9.40. The stock has a market capitalization of $4.87 million, a price-to-earnings ratio of 0.12 and a beta of 0.65. The business’s fifty day moving average price is $2.51 and its two-hundred day moving average price is $4.19.

AIFU (NASDAQ:AIFU) last released its quarterly earnings results on Tuesday, September 30th. The company reported ($854.10) EPS for the quarter. The company had revenue of $20.76 million for the quarter.

AIFU Company Profile

AIX, Inc engages in the provision of agency services and insurance claims adjusting services. It operates through the Insurance Agency and Claims Adjusting segments. The Insurance Agency segment includes providing agency services for insurance products and life insurance products. The Claims Adjusting segment provides pre-underwriting survey services, claims adjusting services, disposal of residual value services, loading and unloading supervision services, and consulting services. The company was founded by Yin An Hu and Qiu Ping Lai in 1998 and is headquartered in Guangzhou, China.