X Financial (NYSE:XYF) Sees Large Increase in Short Interest

X Financial (NYSE:XYF) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 16,500 shares, an increase of 258.7% from the January 31st total of 4,600 shares. Based on an average daily trading volume, of 55,200 shares, the days-to-cover ratio is currently 0.3 days.

X Financial Stock Performance

XYF stock opened at $10.14 on Friday. The stock has a market capitalization of $496.11 million, a PE ratio of 2.68 and a beta of 0.31. The company has a fifty day moving average of $8.41 and a 200-day moving average of $6.97. X Financial has a one year low of $3.48 and a one year high of $12.37.

X Financial Company Profile

X Financial provides personal finance services in the People’s Republic of China. The company offers services as an online marketplace connecting borrowers and investors or institutional funding partners. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners.