X Financial (NYSE:XYF) Short Interest Up 163.5% in March

X Financial (NYSE:XYF) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 127,800 shares, a growth of 163.5% from the March 15th total of 48,500 shares. Based on an average daily volume of 177,700 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the company’s shares are sold short.

X Financial Stock Down 0.4 %

XYF traded down $0.05 during trading on Wednesday, hitting $11.42. The company’s stock had a trading volume of 62,989 shares, compared to its average volume of 68,634. The firm has a market capitalization of $558.73 million, a P/E ratio of 3.01 and a beta of -0.10. X Financial has a twelve month low of $3.68 and a twelve month high of $17.70. The stock’s fifty day moving average price is $11.67 and its 200-day moving average price is $8.82.

X Financial (NYSE:XYF) last issued its earnings results on Wednesday, March 19th. The company reported $1.13 earnings per share (EPS) for the quarter. The business had revenue of $234.09 million for the quarter. X Financial had a net margin of 25.03% and a return on equity of 20.66%.

X Financial Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, June 20th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Friday, June 20th. This is an increase from X Financial’s previous semi-annual dividend of $0.17. This represents a dividend yield of 2.6%. X Financial’s dividend payout ratio (DPR) is currently 7.36%.

X Financial Company Profile

X Financial provides personal finance services in the People’s Republic of China. The company offers services as an online marketplace connecting borrowers and investors or institutional funding partners. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners.