Short Interest in 9F Inc. (NASDAQ:JFU) Grows By 22.6%

9F Inc. (NASDAQ:JFU) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 20,100 shares, a growth of 22.6% from the February 13th total of 16,400 shares. Based on an average daily volume of 7,600 shares, the short-interest ratio is currently 2.6 days. Currently, 0.4% of the shares of the stock are short sold.

9F Stock Up 0.3 %

Shares of NASDAQ JFU traded up $0.01 during mid-day trading on Tuesday, hitting $1.46. 3,443 shares of the company’s stock traded hands, compared to its average volume of 25,221. The company’s 50-day moving average is $1.50 and its two-hundred day moving average is $1.61. 9F has a 1 year low of $1.13 and a 1 year high of $3.75.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of 9F in a report on Friday, March 7th.

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.