XChange TEC.INC (NASDAQ:XHG) Short Interest Down 97.1% in October

XChange TEC.INC (NASDAQ:XHG) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 6,700 shares, a drop of 97.1% from the October 15th total of 234,200 shares. Based on an average trading volume of 454,300 shares, the days-to-cover ratio is presently 0.0 days.

XChange TEC.INC Price Performance

Shares of NASDAQ:XHG opened at $1.97 on Wednesday. The company’s 50 day moving average price is $0.48. XChange TEC.INC has a 12 month low of $1.77 and a 12 month high of $224.00.

About XChange TEC.INC

XChange TEC.INC engages in the professional insurance agency business in the People’s Republic of China. The company provides a various insurance products underwritten by insurance companies, including state-owned property and casualty insurance companies, as well as various regional property and casualty insurance companies.