9F Inc. (NASDAQ:JFU) Short Interest Up 6.3% in August

9F Inc. (NASDAQ:JFU) was the target of a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 3,400 shares, an increase of 6.3% from the July 31st total of 3,200 shares. Based on an average trading volume of 4,300 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On 9F

A hedge fund recently bought a new stake in 9F stock. Cetera Advisors LLC purchased a new position in 9F Inc. (NASDAQ:JFU) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 11,200 shares of the company’s stock, valued at approximately $39,000. Cetera Advisors LLC owned approximately 0.10% of 9F at the end of the most recent quarter.

9F Trading Down 13.3 %

Shares of JFU stock traded down $0.24 during trading hours on Tuesday, hitting $1.56. The stock had a trading volume of 476 shares, compared to its average volume of 6,189. 9F has a one year low of $1.44 and a one year high of $4.90. The stock’s 50-day moving average price is $1.91 and its two-hundred day moving average price is $2.63.

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.