Uxin Limited (NASDAQ:UXIN) Short Interest Up 1,469.5% in September

Uxin Limited (NASDAQ:UXIN) saw a large increase in short interest in September. As of September 30th, there was short interest totalling 963,700 shares, an increase of 1,469.5% from the September 15th total of 61,400 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 1,770,000 shares, the days-to-cover ratio is currently 0.5 days.

Uxin Price Performance

NASDAQ:UXIN traded down $0.11 during mid-day trading on Friday, reaching $5.53. The stock had a trading volume of 311,260 shares, compared to its average volume of 5,709,513. Uxin has a 12 month low of $1.41 and a 12 month high of $15.60. The stock has a market capitalization of $25.27 million, a PE ratio of -0.19 and a beta of 1.32. The stock has a 50-day simple moving average of $2.63 and a two-hundred day simple moving average of $2.29.

Uxin (NASDAQ:UXIN) last announced its quarterly earnings results on Monday, September 23rd. The company reported ($0.03) earnings per share (EPS) for the quarter. Uxin had a negative net margin of 40.91% and a negative return on equity of 173.92%. The business had revenue of $55.21 million during the quarter.

About Uxin

Uxin Limited, an investment holding company, engages in the retail sale of vehicles in China. The company operates an e-commerce platform for buying and selling used cars. It also offers used-car acquisition, inspection, reconditioning, warehousing, pre-sales and after-sales, and various car-related value-added products and services, as well as warranty and repair, delivery, and title transfers and vehicle registration services.