Lufax Holding Ltd. Sponsored ADR (NYSE:LU) Short Interest Up 70.9% in March

Lufax Holding Ltd. Sponsored ADR (NYSE:LU) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 6,457,253 shares, an increase of 70.9% from the February 26th total of 3,777,497 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 1,805,021 shares, the days-to-cover ratio is presently 3.6 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. HRT Financial LP increased its stake in shares of Lufax by 4.2% in the fourth quarter. HRT Financial LP now owns 109,823 shares of the company’s stock valued at $281,000 after buying an additional 4,453 shares during the period. Franklin Resources Inc. lifted its stake in shares of Lufax by 2.4% in the third quarter. Franklin Resources Inc. now owns 222,929 shares of the company’s stock worth $905,000 after acquiring an additional 5,209 shares during the period. Geode Capital Management LLC lifted its stake in shares of Lufax by 3.9% in the second quarter. Geode Capital Management LLC now owns 143,238 shares of the company’s stock worth $400,000 after acquiring an additional 5,417 shares during the period. Profund Advisors LLC boosted its holdings in Lufax by 26.1% in the third quarter. Profund Advisors LLC now owns 31,714 shares of the company’s stock valued at $129,000 after acquiring an additional 6,565 shares during the last quarter. Finally, Hsbc Holdings PLC increased its position in Lufax by 11.5% during the 4th quarter. Hsbc Holdings PLC now owns 79,547 shares of the company’s stock valued at $204,000 after purchasing an additional 8,194 shares during the period. 69.14% of the stock is owned by institutional investors and hedge funds.

More Lufax News

Here are the key news stories impacting Lufax this week:

• Negative Sentiment: Howard G. Smith law firm encourages Lufax investors to inquire about a securities‑fraud class action covering Apr 7, 2023–Jan 26, 2025; lead plaintiff motions due May 20, 2026. Law Offices of Howard G. Smith Encourages Lufax Holding Ltd.
• Negative Sentiment: Rosen Law Firm announces it filed a class action for Lufax purchasers in the same class period and urges investors to secure counsel before deadlines. ROSEN, SKILLED INVESTOR COUNSEL, Encourages Lufax Holding Ltd Investors…
• Negative Sentiment: Bronstein, Gewirtz & Grossman urges Lufax investors to act and seeks recovery for alleged securities‑fraud violations in the same class period. Bronstein, Gewirtz & Grossman LLC Urges Lufax Holding Ltd Investors to Act
• Negative Sentiment: The Gross Law Firm issues a shareholder alert on the Lufax securities lawsuit and the lead‑plaintiff deadline. LU Shareholder Alert: The Gross Law Firm
• Negative Sentiment: Faruqi & Faruqi reminds LU investors of the May 20, 2026 securities class action deadline and is investigating claims. LU INVESTOR ALERT: Faruqi & Faruqi, LLP Reminds Lufax (LU) Investors…
• Negative Sentiment: Robbins LLP issues a class action reminder to Lufax shareholders about the lead plaintiff deadline. LU Class Action Reminder – Robbins LLP
• Negative Sentiment: Glancy Prongay Wolke & Rotter LLP and Berger Montague also announced investigations/class actions, increasing the number of firms pursuing claims against Lufax. Securities Fraud Investigation Into Lufax Holding Ltd. (LU) Announced
• Negative Sentiment: Pomerantz and other firms have issued investor alerts and reminders; the coordinated notices make media coverage and investor attention more likely and could drive further selling pressure. INVESTOR ALERT: Pomerantz Law Firm Reminds Investors

Lufax Stock Performance

Shares of Lufax stock traded down $0.07 on Friday, hitting $1.83. The stock had a trading volume of 1,089,451 shares, compared to its average volume of 1,576,340. The stock has a 50 day moving average of $2.55 and a 200 day moving average of $2.83. The firm has a market capitalization of $1.58 billion, a P/E ratio of -2.34 and a beta of 0.64. Lufax has a twelve month low of $1.73 and a twelve month high of $4.57.

Lufax (NYSE:LU) last posted its earnings results on Tuesday, February 17th. The company reported ($1.19) earnings per share for the quarter. The business had revenue of $724.89 million for the quarter. Equities analysts expect that Lufax will post -0.41 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut shares of Lufax from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Two research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Lufax Company Profile

Lufax (NYSE: LU) is a leading provider of online wealth management and personal finance services in China. Established in 2011 as a spin-off from Ping An Insurance (Group) Company of China, Lufax has developed a digital ecosystem designed to match retail and institutional investors with a diverse array of financial products. The company went public on the New York Stock Exchange in October 2020, underscoring its ambition to expand beyond its domestic market.

The firm’s core business activities include peer-to-peer lending, consumer finance, supply chain and small-business lending, as well as online asset management.