OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Short Interest Update

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) saw a significant decrease in short interest in November. As of November 15th, there was short interest totalling 58,700 shares, a decrease of 33.1% from the October 31st total of 87,800 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 128,100 shares, the days-to-cover ratio is currently 0.5 days.

OneConnect Financial Technology Stock Up 1.6 %

Shares of OCFT traded up $0.04 during trading hours on Friday, reaching $2.50. The company’s stock had a trading volume of 5,750 shares, compared to its average volume of 48,205. The firm has a market cap of $97.50 million, a price-to-earnings ratio of 22.73 and a beta of 0.67. OneConnect Financial Technology has a 1-year low of $0.87 and a 1-year high of $4.98. The company has a 50 day moving average of $2.49 and a two-hundred day moving average of $1.94.

OneConnect Financial Technology Company Profile

OneConnect Financial Technology Co, Ltd. provides cloud-platform-based Fintech solutions, and online information and operating support services for financial institutions in the People's Republic of China. It operates in Technology Solutions and Virtual Bank Business segments. The company offers Gamma Platform, which offers a toolbox of separate solution modules that provide technology infrastructure and underlying technologies; marketing management platform, developed from AI Banker App, provides banks relationship managers with technology that supports in managing their acquisition and relationships with retail customers; and wealth management platform that provides banks with tools to enhance the efficiency of their wealth management business.