X Financial (NYSE:XYF) Sees Significant Decline in Short Interest

X Financial (NYSE:XYF) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 3,700 shares, a decrease of 77.6% from the February 13th total of 16,500 shares. Based on an average daily trading volume, of 57,000 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

X Financial Trading Up 8.6 %

Shares of XYF opened at $12.49 on Friday. X Financial has a 12-month low of $3.48 and a 12-month high of $12.70. The business’s 50 day moving average is $8.89 and its 200 day moving average is $7.36. The company has a market capitalization of $610.84 million, a PE ratio of 3.29 and a beta of 0.45.

X Financial Company Profile

X Financial provides personal finance services in the People’s Republic of China. The company offers services as an online marketplace connecting borrowers and investors or institutional funding partners. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners.