AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) Sees Large Decline in Short Interest

AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 10,710 shares, a decline of 29.4% from the February 12th total of 15,165 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 1,450 shares, the short-interest ratio is presently 7.4 days. Based on an average daily volume of 1,450 shares, the short-interest ratio is presently 7.4 days. Approximately 0.5% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered shares of AIFU from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, February 2nd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

AIFU Price Performance

Shares of NASDAQ AIFU opened at $1.95 on Friday. The company has a market cap of $5.65 million, a price-to-earnings ratio of 0.13 and a beta of 0.67. The stock’s 50-day moving average is $2.11 and its two-hundred day moving average is $3.54. AIFU has a 1-year low of $1.50 and a 1-year high of $9.40.

Institutional Trading of AIFU

An institutional investor recently bought a new position in AIFU stock. Acadian Asset Management LLC bought a new stake in AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 868,208 shares of the company’s stock, valued at approximately $182,000. Acadian Asset Management LLC owned approximately 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.