XChange TEC.INC (NASDAQ:XHG) Short Interest Update

XChange TEC.INC (NASDAQ:XHG) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 1,560,000 shares, a growth of 395.2% from the January 31st total of 315,000 shares. Approximately 7.8% of the company’s shares are sold short. Based on an average daily volume of 4,480,000 shares, the short-interest ratio is presently 0.3 days.

XChange TEC.INC Stock Performance

NASDAQ:XHG opened at $0.95 on Friday. XChange TEC.INC has a 52 week low of $0.56 and a 52 week high of $60.00. The stock’s fifty day moving average is $0.90 and its two-hundred day moving average is $5.47.

XChange TEC.INC Company Profile

XChange TEC.INC engages in the professional insurance agency business in the People’s Republic of China. The company provides a various insurance products underwritten by insurance companies, including state-owned property and casualty insurance companies, as well as various regional property and casualty insurance companies.