XChange TEC.INC. Sponsored ADR (NASDAQ:XHG) Short Interest Update

XChange TEC.INC. Sponsored ADR (NASDAQ:XHG) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 83,426 shares, an increase of 18.9% from the February 12th total of 70,164 shares. Based on an average trading volume of 8,627 shares, the days-to-cover ratio is currently 9.7 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 8,627 shares, the days-to-cover ratio is currently 9.7 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of XChange TEC.INC. in a research report on Monday, December 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

XChange TEC.INC. Price Performance

XChange TEC.INC. stock opened at $0.78 on Tuesday. The company’s fifty day moving average price is $0.87 and its 200 day moving average price is $1.00. XChange TEC.INC. has a 1 year low of $0.65 and a 1 year high of $22.60.

XChange TEC.INC. Company Profile

XChange TEC.INC engages in the professional insurance agency business in the People’s Republic of China. The company provides a various insurance products underwritten by insurance companies, including state-owned property and casualty insurance companies, as well as various regional property and casualty insurance companies. It also offers automobile, life, health, group accident, and other property related insurances primarily to individual end consumers. In addition, the company operates a SaaS platform to offer comprehensive services to online customers.