9F Inc. Sponsored ADR (NASDAQ:JFU) Sees Significant Growth in Short Interest

9F Inc. Sponsored ADR (NASDAQ:JFU) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 28,587 shares, a growth of 1,734.9% from the August 15th total of 1,558 shares. Based on an average daily trading volume, of 673,840 shares, the short-interest ratio is presently 0.0 days. Currently, 0.5% of the company’s stock are sold short.

9F Stock Down 8.7%

Shares of 9F stock opened at $2.52 on Friday. 9F has a 1 year low of $1.98 and a 1 year high of $9.48. The stock has a fifty day moving average price of $2.47 and a 200-day moving average price of $3.09.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of 9F in a research report on Friday, August 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, 9F presently has a consensus rating of “Sell”.

9F Company Profile

9F Inc (NASDAQ: JFU) is a China-based financial technology company that provides a suite of online financial services aimed at individual and institutional investors. Leveraging proprietary risk management and data analytics capabilities, the company primarily engages in asset management, consumer finance, and supply chain finance. Its technology-driven platform enables users to access diversified investment products, manage credit risk, and participate in secondary market trading through an integrated digital interface.

The company’s product offerings include online wealth management solutions, microloans, small- and medium-enterprise (SME) financing, and credit management services.