9F Inc. (NASDAQ:JFU) Sees Significant Decrease in Short Interest

9F Inc. (NASDAQ:JFU) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totalling 8,600 shares, a decline of 8.5% from the December 15th total of 9,400 shares. Based on an average trading volume of 14,300 shares, the days-to-cover ratio is presently 0.6 days.

9F Price Performance

9F stock opened at $1.52 on Friday. 9F has a 12 month low of $1.13 and a 12 month high of $3.75. The business’s fifty day simple moving average is $1.48 and its two-hundred day simple moving average is $1.73.

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.