9F Inc. (NASDAQ:JFU) Short Interest Up 22.6% in February

9F Inc. (NASDAQ:JFU) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 20,100 shares, a growth of 22.6% from the February 13th total of 16,400 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 7,600 shares, the days-to-cover ratio is currently 2.6 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of 9F in a research report on Friday, March 7th.

9F Price Performance

9F stock traded up $0.09 during trading hours on Wednesday, hitting $1.54. The stock had a trading volume of 2,282 shares, compared to its average volume of 6,482. The business’s 50 day simple moving average is $1.49 and its 200-day simple moving average is $1.60. 9F has a one year low of $1.13 and a one year high of $3.75.

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.