XChange TEC.INC. Sponsored ADR (NASDAQ:XHG) Sees Large Increase in Short Interest

XChange TEC.INC. Sponsored ADR (NASDAQ:XHG) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 61,400 shares, anincreaseof1,361.9% from the June 30th total of 4,200 shares. Based on an average trading volume of 383,100 shares, the days-to-cover ratio is currently 0.2 days. Approximately6.2% of the shares of the stock are short sold. Approximately6.2% of the shares of the stock are short sold. Based on an average trading volume of 383,100 shares, the days-to-cover ratio is currently 0.2 days.

XChange TEC.INC. Price Performance

NASDAQ XHG opened at $1.25 on Friday. XChange TEC.INC. has a twelve month low of $1.16 and a twelve month high of $1,200.00. The business’s fifty day moving average is $1.38 and its 200 day moving average is $8.28.

XChange TEC.INC. Company Profile

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.