Puyi Inc. (NASDAQ:PUYI) Short Interest Update

Puyi Inc. (NASDAQ:PUYIGet Rating) was the recipient of a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 34,300 shares, a decline of 36.1% from the March 15th total of 53,700 shares. Based on an average trading volume of 79,800 shares, the short-interest ratio is currently 0.4 days.

A number of institutional investors have recently added to or reduced their stakes in the business. Citadel Advisors LLC acquired a new stake in shares of Puyi during the second quarter valued at about $80,000. Virtu Financial LLC acquired a new stake in shares of Puyi during the fourth quarter valued at about $103,000. Finally, Marshall Wace LLP acquired a new stake in shares of Puyi during the fourth quarter valued at about $150,000. Hedge funds and other institutional investors own 0.02% of the company’s stock.

Puyi stock traded up $0.10 during midday trading on Friday, reaching $5.60. The company’s stock had a trading volume of 2,173 shares, compared to its average volume of 2,726. Puyi has a 52 week low of $3.92 and a 52 week high of $7.80. The business has a 50-day moving average price of $6.30 and a 200-day moving average price of $6.35.

About Puyi (Get Rating)

Puyi Inc provides third-party wealth management services in China. The company distributes publicly raised fund and privately raised securities investment fund products through online and offline. It also provides asset management services that include managing fund of funds and non-performing loan funds; and corporate financing services.

Read More

Receive News & Ratings for Puyi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Puyi and related companies with MarketBeat.com's FREE daily email newsletter.