CNFinance Holdings Limited Sponsored ADR (NYSE:CNF) Short Interest Update

CNFinance Holdings Limited Sponsored ADR (NYSE:CNF) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 5,820 shares, a growth of 39.1% from the January 29th total of 4,184 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,607 shares, the days-to-cover ratio is presently 1.3 days. Based on an average daily trading volume, of 4,607 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in CNFinance stock. XTX Topco Ltd raised its holdings in shares of CNFinance Holdings Limited Sponsored ADR (NYSE:CNF) by 318.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,079 shares of the company’s stock after buying an additional 37,359 shares during the quarter. XTX Topco Ltd owned about 0.07% of CNFinance worth $32,000 as of its most recent SEC filing.

CNFinance Price Performance

Shares of CNFinance stock traded up $0.08 during mid-day trading on Tuesday, reaching $4.93. 240 shares of the stock traded hands, compared to its average volume of 3,780. The stock has a market capitalization of $33.79 million, a PE ratio of 1.59 and a beta of -0.11. The business has a 50-day moving average of $5.47 and a 200 day moving average of $4.96. CNFinance has a fifty-two week low of $2.36 and a fifty-two week high of $10.80. The company has a quick ratio of 392.34, a current ratio of 681.01 and a debt-to-equity ratio of 1.32.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of CNFinance in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

CNFinance Company Profile

CNFinance Holdings Limited (NYSE: CNF) is a China-based holding company specializing in internet-based financial services for consumers and small- and medium-sized enterprises (SMEs). Through its subsidiaries, CNFinance develops and operates an online marketplace that connects individual and corporate borrowers with institutional and private capital providers. The company’s platform leverages technology to streamline the loan application process, enabling efficient access to credit in a traditionally underserved segment of the Chinese financial market.

The company’s core offerings include unsecured consumer loans, SME working capital financing, supply chain financing solutions and wealth management products.