CNFinance Holdings Limited (NYSE:CNF) Short Interest Down 12.9% in November

CNFinance Holdings Limited (NYSE:CNF) was the target of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 132,300 shares, a decrease of 12.9% from the October 31st total of 151,900 shares. Based on an average daily trading volume, of 164,400 shares, the short-interest ratio is presently 0.8 days.

CNFinance Price Performance

Shares of NYSE:CNF remained flat at $0.95 during trading on Friday. 55,782 shares of the company were exchanged, compared to its average volume of 58,110. CNFinance has a twelve month low of $0.86 and a twelve month high of $2.84. The stock has a market cap of $65.15 million, a PE ratio of 3.06 and a beta of 0.01. The company has a debt-to-equity ratio of 2.35, a current ratio of 874.07 and a quick ratio of 679.18. The company’s 50 day moving average is $1.28 and its 200 day moving average is $1.30.

About CNFinance

CNFinance Holdings Limited, through its subsidiaries, provides home equity loan services in the People's Republic of China. It offers micro credit loan services for micro and small-enterprise owners; and loan lending agency services for financial institutions. The company provides bridge loan products, which are unsecured short-term loans to pay off borrowers' existing loans secured by real property.