9F Inc. (NASDAQ:JFU – Get Free Report) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 20,100 shares, a growth of 22.6% from the February 13th total of 16,400 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 7,600 shares, the short-interest ratio is presently 2.6 days.
9F Stock Up 6.2 %
Shares of NASDAQ JFU traded up $0.09 during mid-day trading on Wednesday, reaching $1.54. The company had a trading volume of 2,282 shares, compared to its average volume of 6,482. 9F has a one year low of $1.13 and a one year high of $3.75. The business’s 50-day simple moving average is $1.49 and its 200 day simple moving average is $1.60.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 9F in a research report on Friday, March 7th.
About 9F
9F Inc, together with its subsidiaries, operates internet securities service platform in the People's Republic of China. The company operates through three segments: Technology Empowerment Services, E-commerce business, and Wealth Management. Its products include digital financial accounts that offer online lending, wealth management, and payment facilitation services; revolving and non-revolving loan products to borrowers, as well as traffic referral services to financial institution partners; and a suite of online wealth management products, such as fixed income products, stocks, insurance, bank wealth management products, and mutual funds to investors in various platforms, including Wukong Licai, 9F Wallet, and 9F Puhui.
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