Jiayin Group Inc. Sponsored ADR (NASDAQ:JFIN – Get Free Report) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 152,034 shares, an increase of 22.1% from the February 12th total of 124,484 shares. Based on an average daily trading volume, of 40,531 shares, the days-to-cover ratio is currently 3.8 days. Currently, 0.6% of the shares of the stock are short sold. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 40,531 shares, the days-to-cover ratio is currently 3.8 days.
Hedge Funds Weigh In On Jiayin Group
Large investors have recently modified their holdings of the stock. Marshall Wace LLP bought a new position in Jiayin Group during the fourth quarter valued at $392,000. Renaissance Technologies LLC raised its holdings in shares of Jiayin Group by 87.2% in the fourth quarter. Renaissance Technologies LLC now owns 120,000 shares of the company’s stock worth $696,000 after buying an additional 55,900 shares during the period. Dimensional Fund Advisors LP bought a new stake in shares of Jiayin Group during the 3rd quarter worth approximately $520,000. Quadrature Capital Ltd bought a new stake in shares of Jiayin Group during the 4th quarter worth approximately $287,000. Finally, GSA Capital Partners LLP purchased a new position in Jiayin Group during the 3rd quarter valued at $387,000. Institutional investors own 44.08% of the company’s stock.
Jiayin Group Stock Performance
Shares of NASDAQ:JFIN traded up $0.14 on Monday, reaching $6.02. The company’s stock had a trading volume of 60,593 shares, compared to its average volume of 43,430. The company has a 50-day simple moving average of $6.53 and a 200 day simple moving average of $8.14. Jiayin Group has a 52-week low of $5.73 and a 52-week high of $19.23. The company has a market cap of $321.29 million, a P/E ratio of 1.33 and a beta of 0.83.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on JFIN
About Jiayin Group
Jiayin Group (NASDAQ: JFIN) is a China-based, technology-driven consumer finance marketplace that connects individual borrowers with institutional lenders. The company’s online platform leverages proprietary credit scoring models, big data analytics and AI‐powered risk management tools to streamline the loan application, approval and disbursement processes. By integrating end-to-end services—including borrower acquisition, credit assessment, loan servicing and collection—Jiayin Group provides a comprehensive fintech solution for unsecured personal loans.
Through its platform, Jiayin Group offers financial institutions access to an underserved segment of the consumer credit market, particularly in third- and fourth‐tier cities across China.
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