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

9F Inc. (NASDAQ:JFU) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 20,100 shares, a growth of 22.6% from the February 13th total of 16,400 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 7,600 shares, the short-interest ratio is presently 2.6 days.

9F Price Performance

JFU opened at $1.53 on Thursday. The company’s 50-day moving average is $1.50 and its 200 day moving average is $1.60. 9F has a fifty-two week low of $1.13 and a fifty-two week high of $3.75.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 9F in a research note on Friday, March 7th.

9F Company Profile

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.