Short Interest in 9F Inc. (NASDAQ:JFU) Rises By 23.5%

9F Inc. (NASDAQ:JFU) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 8,400 shares, a growth of 23.5% from the October 31st total of 6,800 shares. Based on an average daily volume of 76,900 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of 9F

An institutional investor recently bought a new position in 9F stock. Cetera Advisors LLC acquired a new stake in 9F Inc. (NASDAQ:JFU) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 11,200 shares of the company’s stock, valued at approximately $39,000. Cetera Advisors LLC owned about 0.10% of 9F at the end of the most recent reporting period.

9F Stock Performance

Shares of 9F stock traded up $0.02 during midday trading on Monday, hitting $1.51. The company had a trading volume of 9,180 shares, compared to its average volume of 26,571. The company has a fifty day simple moving average of $1.74 and a 200 day simple moving average of $1.95. 9F has a 12-month low of $1.13 and a 12-month high of $4.35.

About 9F

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.