9F Inc. Sponsored ADR (NASDAQ:JFU) Short Interest Down 51.5% in June

9F Inc. Sponsored ADR (NASDAQ:JFU) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 3,473 shares, a decrease of 51.5% from the June 15th total of 7,156 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 2,874 shares, the short-interest ratio is presently 1.2 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered 9F from a “hold (c-)” rating to a “sell (d)” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, 9F currently has an average rating of “Sell”.

9F Price Performance

NASDAQ JFU traded up $0.07 on Thursday, reaching $2.37. The company’s stock had a trading volume of 1,382 shares, compared to its average volume of 7,019. 9F has a twelve month low of $1.51 and a twelve month high of $9.48. The firm’s 50 day moving average is $3.03 and its two-hundred day moving average is $4.02.

9F (NASDAQ:JFU) last announced its quarterly earnings data on Friday, May 1st. The company reported ($0.28) earnings per share (EPS) for the quarter. The firm had revenue of $10.10 million for the quarter.

About 9F

9F Inc (NASDAQ: JFU) is a China-based financial technology company that provides a suite of online financial services aimed at individual and institutional investors. Leveraging proprietary risk management and data analytics capabilities, the company primarily engages in asset management, consumer finance, and supply chain finance. Its technology-driven platform enables users to access diversified investment products, manage credit risk, and participate in secondary market trading through an integrated digital interface.

The company’s product offerings include online wealth management solutions, microloans, small- and medium-enterprise (SME) financing, and credit management services.