Short Interest in 9F Inc. (NASDAQ:JFU) Decreases By 8.5%

9F Inc. (NASDAQ:JFU) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 8,600 shares, a drop of 8.5% from the December 31st total of 9,400 shares. Based on an average daily volume of 14,300 shares, the short-interest ratio is currently 0.6 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of 9F in a research note on Saturday, January 18th.

9F Trading Down 2.2 %

NASDAQ JFU traded down $0.03 during trading hours on Monday, hitting $1.51. The company’s stock had a trading volume of 8,451 shares, compared to its average volume of 5,011. 9F has a twelve month low of $1.13 and a twelve month high of $3.75. The stock has a fifty day moving average of $1.51 and a 200 day moving average of $1.69.

9F Company Profile

9F Inc, together with its subsidiaries, operates internet securities service platform in the People's Republic of China. The company operates through three segments: Technology Empowerment Services, E-commerce business, and Wealth Management. Its products include digital financial accounts that offer online lending, wealth management, and payment facilitation services; revolving and non-revolving loan products to borrowers, as well as traffic referral services to financial institution partners; and a suite of online wealth management products, such as fixed income products, stocks, insurance, bank wealth management products, and mutual funds to investors in various platforms, including Wukong Licai, 9F Wallet, and 9F Puhui.