XChange TEC.INC (NASDAQ:XHG) Short Interest Update

XChange TEC.INC (NASDAQ:XHG) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 584,000 shares, a decline of 20.2% from the March 15th total of 731,800 shares. Currently, 2.9% of the shares of the company are short sold. Based on an average trading volume of 4,160,000 shares, the short-interest ratio is currently 0.1 days.

XChange TEC.INC Stock Performance

NASDAQ:XHG opened at $0.13 on Monday. The firm’s 50-day moving average is $0.73 and its 200-day moving average is $1.50. XChange TEC.INC has a 52-week low of $0.10 and a 52-week high of $60.00.

About XChange TEC.INC

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.