Uxin Limited (NASDAQ:UXIN – Get Free Report) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 518,200 shares, an increase of 30.1% from the November 15th total of 398,400 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 1,910,000 shares, the short-interest ratio is currently 0.3 days.
Uxin Trading Down 5.6 %
Shares of UXIN opened at $4.20 on Friday. The company’s fifty day moving average is $4.82 and its two-hundred day moving average is $3.07. Uxin has a fifty-two week low of $1.41 and a fifty-two week high of $8.40.
Uxin (NASDAQ:UXIN – Get Free Report) last issued its earnings results on Monday, September 23rd. The company reported ($0.03) earnings per share for the quarter. The firm had revenue of $55.21 million during the quarter. Uxin had a negative net margin of 20.57% and a negative return on equity of 248.43%.
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.
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