9F Inc. (NASDAQ:JFU – Get Free Report) saw a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 8,600 shares, a decrease of 8.5% from the December 15th total of 9,400 shares. Based on an average daily volume of 14,300 shares, the days-to-cover ratio is presently 0.6 days.
9F Price Performance
9F stock opened at $1.52 on Monday. The firm has a 50-day moving average price of $1.48 and a two-hundred day moving average price of $1.73. 9F has a 52-week low of $1.13 and a 52-week high of $3.75.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of 9F in a research note on Saturday.
9F Company Profile
9F Inc, together with its subsidiaries, operates internet securities service platform in the People's Republic of China. The company operates through three segments: Technology Empowerment Services, E-commerce business, and Wealth Management. Its products include digital financial accounts that offer online lending, wealth management, and payment facilitation services; revolving and non-revolving loan products to borrowers, as well as traffic referral services to financial institution partners; and a suite of online wealth management products, such as fixed income products, stocks, insurance, bank wealth management products, and mutual funds to investors in various platforms, including Wukong Licai, 9F Wallet, and 9F Puhui.
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