Short Interest in 9F Inc. (NASDAQ:JFU) Expands By 97.6%

9F Inc. (NASDAQ:JFU) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 16,400 shares, an increase of 97.6% from the January 31st total of 8,300 shares. Based on an average daily volume of 9,000 shares, the short-interest ratio is presently 1.8 days.

9F Stock Performance

Shares of NASDAQ:JFU traded down $0.02 during midday trading on Friday, hitting $1.50. The company’s stock had a trading volume of 912 shares, compared to its average volume of 7,362. The business’s 50 day simple moving average is $1.51 and its 200 day simple moving average is $1.63. 9F has a 12-month low of $1.13 and a 12-month high of $3.75.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 9F in a report on Wednesday, February 19th.

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.