Jiayin Group Inc. (NASDAQ:JFIN) Sees Significant Increase in Short Interest

by · The Markets Daily

Jiayin Group Inc. (NASDAQ:JFIN – Get Free Report) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 31,900 shares, an increase of 11.9% from the November 30th total of 28,500 shares. Based on an average daily volume of 119,200 shares, the short-interest ratio is presently 0.3 days.

Jiayin Group Stock Performance

JFIN traded up $0.02 during trading on Monday, reaching $6.35. 271,710 shares of the company traded hands, compared to its average volume of 82,833. The company has a market cap of $340.90 million, a P/E ratio of 2.12 and a beta of 0.88. Jiayin Group has a 12-month low of $4.00 and a 12-month high of $8.58. The firm has a fifty day simple moving average of $6.48 and a 200 day simple moving average of $6.20.

Institutional Trading of Jiayin Group

A hedge fund recently bought a new stake in Jiayin Group stock. Ariadne Wealth Management LP acquired a new position in shares of Jiayin Group Inc. (NASDAQ:JFIN – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 5,023 shares of the company’s stock, valued at approximately $31,000. Institutional investors own 44.08% of the company’s stock.

Jiayin Group Company Profile

(Get Free Report)

Jiayin Group Inc, together with its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates a fintech platform that facilitates connections between individual borrowers and financial institutions. It also offers referral services for investment products offered by the financial service providers; and technology development and services, as well as guarantee services.

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