X Financial (NYSE:XYF) Sees Significant Decline in Short Interest

X Financial (NYSE:XYFGet Free Report) was the target of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 3,700 shares, a decline of 77.6% from the February 13th total of 16,500 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 57,000 shares, the days-to-cover ratio is presently 0.1 days.

X Financial Price Performance

Shares of XYF opened at $12.49 on Friday. The business’s 50 day simple moving average is $8.89 and its 200-day simple moving average is $7.36. X Financial has a 1 year low of $3.48 and a 1 year high of $12.70. The stock has a market capitalization of $610.84 million, a price-to-earnings ratio of 3.29 and a beta of 0.45.

About X Financial

(Get Free Report)

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.

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