Jiayin Group Inc. Sponsored ADR (NASDAQ:JFIN) Short Interest Down 15.2% in March

Jiayin Group Inc. Sponsored ADR (NASDAQ:JFIN) was the target of a large drop in short interest in March. As of March 13th, there was short interest totaling 128,879 shares, a drop of 15.2% from the February 26th total of 152,034 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 44,959 shares, the short-interest ratio is presently 2.9 days.

Hedge Funds Weigh In On Jiayin Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC boosted its position in Jiayin Group by 87.2% in the 4th quarter. Renaissance Technologies LLC now owns 120,000 shares of the company’s stock valued at $696,000 after buying an additional 55,900 shares during the period. GSA Capital Partners LLP purchased a new stake in Jiayin Group during the 3rd quarter worth about $387,000. JPMorgan Chase & Co. lifted its holdings in shares of Jiayin Group by 94.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 41,193 shares of the company’s stock valued at $425,000 after purchasing an additional 19,964 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Jiayin Group by 71.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 86,280 shares of the company’s stock worth $500,000 after buying an additional 35,867 shares during the period. Finally, Marshall Wace LLP acquired a new stake in Jiayin Group in the fourth quarter valued at about $392,000. Institutional investors and hedge funds own 44.08% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jiayin Group in a research report on Friday. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Jiayin Group presently has an average rating of “Hold”.

Jiayin Group Trading Up 2.5%

JFIN stock opened at $4.29 on Wednesday. The stock has a market cap of $229.17 million, a PE ratio of 0.93 and a beta of 0.83. The company has a 50-day moving average price of $6.18 and a 200 day moving average price of $7.64. Jiayin Group has a 12 month low of $3.70 and a 12 month high of $19.23.

Jiayin Group (NASDAQ:JFIN) last released its quarterly earnings data on Tuesday, March 31st. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.11. The firm had revenue of $155.82 million during the quarter, compared to the consensus estimate of $53.38 million. Jiayin Group had a return on equity of 45.63% and a net margin of 26.18%.

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.