Short Interest in 9F Inc. (NASDAQ:JFU) Rises By 23.5%

9F Inc. (NASDAQ:JFU) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 8,400 shares, an increase of 23.5% from the October 31st total of 6,800 shares. Based on an average trading volume of 76,900 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On 9F

An institutional investor recently bought a new position in 9F stock. Cetera Advisors LLC purchased a new position in 9F Inc. (NASDAQ:JFU) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 11,200 shares of the company’s stock, valued at approximately $39,000. Cetera Advisors LLC owned about 0.10% of 9F at the end of the most recent quarter.

9F Trading Up 1.3 %

NASDAQ JFU traded up $0.02 during trading on Monday, reaching $1.51. The company’s stock had a trading volume of 9,180 shares, compared to its average volume of 26,570. 9F has a twelve month low of $1.13 and a twelve month high of $4.35. The business’s fifty day moving average price is $1.74 and its 200-day moving average price is $1.95.

About 9F

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.