CNFinance Holdings Limited (NYSE:CNF) Short Interest Update

CNFinance Holdings Limited (NYSE:CNF) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totalling 16,700 shares, a decrease of 9.2% from the August 31st total of 18,400 shares. Based on an average daily volume of 57,500 shares, the days-to-cover ratio is currently 0.3 days.

CNFinance Stock Performance

CNF stock traded up $0.07 during midday trading on Friday, hitting $1.02. The stock had a trading volume of 20,707 shares, compared to its average volume of 29,189. The firm has a market capitalization of $69.95 million, a price-to-earnings ratio of 3.29 and a beta of -0.02. CNFinance has a 52 week low of $0.86 and a 52 week high of $4.10. The stock has a 50-day simple moving average of $1.03 and a 200 day simple moving average of $1.48. The company has a current ratio of 874.07, a quick ratio of 679.18 and a debt-to-equity ratio of 2.35.

About CNFinance

CNFinance Holdings Limited, through its subsidiaries, provides home equity loan services in the People's Republic of China. It offers micro credit loan services for micro and small-enterprise owners; and loan lending agency services for financial institutions. The company provides bridge loan products, which are unsecured short-term loans to pay off borrowers' existing loans secured by real property.