Short Interest in Jiayin Group Inc. (NASDAQ:JFIN) Rises By 123.7%

Jiayin Group Inc. (NASDAQ:JFINGet Free Report) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 13,200 shares, an increase of 123.7% from the July 31st total of 5,900 shares. Based on an average trading volume of 46,300 shares, the short-interest ratio is currently 0.3 days.

Jiayin Group Trading Down 0.3 %

NASDAQ JFIN traded down $0.02 during trading hours on Friday, reaching $5.31. 14,459 shares of the company’s stock were exchanged, compared to its average volume of 61,389. The stock has a market cap of $285.28 million, a PE ratio of 1.59 and a beta of 0.86. Jiayin Group has a one year low of $4.00 and a one year high of $7.57. The firm has a fifty day moving average of $5.81 and a 200-day moving average of $6.22.

Jiayin Group (NASDAQ:JFINGet Free Report) last released its quarterly earnings results on Thursday, June 6th. The company reported $0.72 EPS for the quarter. The business had revenue of $204.33 million for the quarter. Jiayin Group had a return on equity of 58.72% and a net margin of 22.18%.

Jiayin Group Dividend Announcement

The company also recently disclosed a — dividend, which will be paid on Friday, September 6th. Shareholders of record on Tuesday, August 27th will be given a $0.50 dividend. The ex-dividend date is Tuesday, August 27th. This represents a yield of 14.5%. Jiayin Group’s payout ratio is 25.97%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Ariadne Wealth Management LP bought a new position in Jiayin Group in the 2nd quarter valued at $31,000. Fermata Advisors LLC acquired a new position in shares of Jiayin Group in the 2nd quarter valued at $78,000. Boston Partners acquired a new position in shares of Jiayin Group in the 1st quarter valued at $439,000. Advisors Preferred LLC acquired a new position in shares of Jiayin Group in the 1st quarter valued at $98,000. Finally, QRG Capital Management Inc. lifted its stake in shares of Jiayin Group by 45.5% in the 4th quarter. QRG Capital Management Inc. now owns 16,082 shares of the company’s stock valued at $83,000 after purchasing an additional 5,031 shares during the period. 44.08% of the stock is currently owned by institutional investors.

Jiayin Group Company Profile

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Jiayin Group Inc, together with its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates a fintech platform that facilitates connections between individual borrowers and financial institutions. It also offers referral services for investment products offered by the financial service providers; and technology development and services, as well as guarantee services.

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