AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) Sees Significant Decrease in Short Interest

AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 14,412 shares, a drop of 18.3% from the November 30th total of 17,631 shares. Based on an average daily trading volume, of 3,235 shares, the days-to-cover ratio is presently 4.5 days. Approximately 0.7% of the company’s stock are short sold. Approximately 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 3,235 shares, the days-to-cover ratio is presently 4.5 days.

Analyst Upgrades and Downgrades

AIFU has been the topic of several recent analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of AIFU in a report on Monday. Wall Street Zen raised shares of AIFU from a “sell” rating to a “hold” rating in a research report on Sunday, September 21st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, AIFU presently has an average rating of “Hold”.

AIFU Stock Down 3.2%

Shares of NASDAQ AIFU opened at $2.68 on Wednesday. AIFU has a 52 week low of $1.50 and a 52 week high of $23.60. The business’s 50 day moving average price is $3.48 and its 200 day moving average price is $5.00. The firm has a market cap of $7.77 million, a P/E ratio of 0.18 and a beta of 0.55.

AIFU (NASDAQ:AIFU) last announced its quarterly earnings data on Tuesday, September 30th. The company reported ($854.10) EPS for the quarter. The business had revenue of $20.76 million for the quarter.

Hedge Funds Weigh In On AIFU

A hedge fund recently bought a new stake in AIFU stock. Acadian Asset Management LLC bought a new position in AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 868,208 shares of the company’s stock, valued at approximately $182,000. Acadian Asset Management LLC owned about 1.50% of AIFU as of its most recent SEC filing. 26.72% of the stock is currently owned by institutional investors.

AIFU Company Profile

AIX, Inc engages in the provision of agency services and insurance claims adjusting services. It operates through the Insurance Agency and Claims Adjusting segments. The Insurance Agency segment includes providing agency services for insurance products and life insurance products. The Claims Adjusting segment provides pre-underwriting survey services, claims adjusting services, disposal of residual value services, loading and unloading supervision services, and consulting services. The company was founded by Yin An Hu and Qiu Ping Lai in 1998 and is headquartered in Guangzhou, China.