XChange TEC.INC. Sponsored ADR (NASDAQ:XHG) Short Interest Up 28.9% in August

XChange TEC.INC. Sponsored ADR (NASDAQ:XHG) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 33,900 shares, an increase of 28.9% from the August 15th total of 26,300 shares. Based on an average daily trading volume, of 708,300 shares, the short-interest ratio is presently 0.0 days. Currently, 3.4% of the company’s shares are sold short. Currently, 3.4% of the company’s shares are sold short. Based on an average daily trading volume, of 708,300 shares, the short-interest ratio is presently 0.0 days.

XChange TEC.INC. Stock Performance

Shares of XHG opened at $1.47 on Friday. XChange TEC.INC. has a 1 year low of $0.81 and a 1 year high of $1,200.00. The stock’s 50-day moving average price is $1.28 and its two-hundred day moving average price is $4.41.

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.