XChange TEC.INC (NASDAQ:XHG) Sees Significant Increase in Short Interest

XChange TEC.INC (NASDAQ:XHG) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 9,500 shares, an increase of 41.8% from the October 31st total of 6,700 shares. Based on an average trading volume of 462,400 shares, the short-interest ratio is currently 0.0 days. Approximately 4.4% of the company’s stock are sold short.

XChange TEC.INC Stock Up 6.5 %

XHG stock opened at $1.64 on Friday. The firm’s 50 day simple moving average is $4.88. XChange TEC.INC has a 52-week low of $1.35 and a 52-week high of $131.04.

XChange TEC.INC Company Profile

XChange TEC.INC engages in the professional insurance agency business in the People’s Republic of China. The company provides a various insurance products underwritten by insurance companies, including state-owned property and casualty insurance companies, as well as various regional property and casualty insurance companies.