Uxin Limited (NASDAQ:UXIN) Short Interest Update

Uxin Limited (NASDAQ:UXIN) was the recipient of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 385,200 shares, a decline of 39.9% from the October 15th total of 641,400 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 1,850,000 shares, the days-to-cover ratio is currently 0.2 days.

Uxin Trading Down 7.7 %

Shares of NASDAQ UXIN traded down $0.37 during mid-day trading on Thursday, reaching $4.44. The company had a trading volume of 79,128 shares, compared to its average volume of 593,090. Uxin has a 52 week low of $1.41 and a 52 week high of $13.09. The business’s 50-day moving average is $4.11 and its 200-day moving average is $2.76. The stock has a market cap of $20.28 million, a price-to-earnings ratio of -0.15 and a beta of 1.36.

Uxin (NASDAQ:UXIN) last issued its earnings results on Monday, September 23rd. The company reported ($0.03) EPS for the quarter. Uxin had a negative return on equity of 173.92% and a negative net margin of 40.91%. The company had revenue of $55.21 million during the quarter.

About Uxin

Uxin Limited, an investment holding company, engages in the retail sale of vehicles in China. The company operates an e-commerce platform for buying and selling used cars. It also offers used-car acquisition, inspection, reconditioning, warehousing, pre-sales and after-sales, and various car-related value-added products and services, as well as warranty and repair, delivery, and title transfers and vehicle registration services.