Short Interest in 9F Inc. Sponsored ADR (NASDAQ:JFU) Drops By 16.0%

9F Inc. Sponsored ADR (NASDAQ:JFU) saw a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 1,432 shares, a drop of 16.0% from the February 26th total of 1,704 shares. Based on an average daily volume of 2,365 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the shares of the company are sold short.

9F Stock Performance

Shares of NASDAQ:JFU opened at $3.18 on Monday. The business has a 50 day moving average price of $4.69 and a 200 day moving average price of $4.81. 9F has a twelve month low of $1.01 and a twelve month high of $9.48.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of 9F in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

About 9F

9F Inc (NASDAQ: JFU) is a China-based financial technology company that provides a suite of online financial services aimed at individual and institutional investors. Leveraging proprietary risk management and data analytics capabilities, the company primarily engages in asset management, consumer finance, and supply chain finance. Its technology-driven platform enables users to access diversified investment products, manage credit risk, and participate in secondary market trading through an integrated digital interface.

The company’s product offerings include online wealth management solutions, microloans, small- and medium-enterprise (SME) financing, and credit management services.