China Rapid Finance Limited Sponsored ADR (NYSE:XRF) was the target of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 395,860 shares, a decrease of 55.4% from the October 13th total of 888,051 shares. Based on an average daily trading volume, of 570,111 shares, the short-interest ratio is currently 0.7 days.

Separately, Zacks Investment Research upgraded shares of China Rapid Finance Limited Sponsored ADR from a “sell” rating to a “hold” rating in a research note on Saturday, September 9th.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Greenwoods Asset Management Ltd acquired a new position in China Rapid Finance Limited Sponsored ADR in the 3rd quarter valued at about $1,252,000. Segantii Capital Management Ltd acquired a new position in shares of China Rapid Finance Limited Sponsored ADR during the 3rd quarter worth approximately $1,483,000. Baillie Gifford & Co. acquired a new position in shares of China Rapid Finance Limited Sponsored ADR during the 3rd quarter worth approximately $1,977,000. CI Investments Inc. acquired a new position in shares of China Rapid Finance Limited Sponsored ADR during the 3rd quarter worth approximately $3,295,000. Finally, Wells Fargo & Company MN acquired a new position in shares of China Rapid Finance Limited Sponsored ADR during the 3rd quarter worth approximately $16,897,000. Institutional investors and hedge funds own 16.28% of the company’s stock.

China Rapid Finance Limited Sponsored ADR (XRF) opened at $9.34 on Tuesday. China Rapid Finance Limited Sponsored ADR has a 52 week low of $5.60 and a 52 week high of $12.86.

China Rapid Finance Limited Sponsored ADR (NYSE:XRF) last announced its quarterly earnings results on Thursday, August 17th. The company reported ($0.29) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.17) by ($0.12). The company had revenue of $15.15 million for the quarter, compared to analyst estimates of $13.41 million. equities research analysts forecast that China Rapid Finance Limited Sponsored ADR will post -0.92 earnings per share for the current fiscal year.

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China Rapid Finance Limited Sponsored ADR Company Profile

China Rapid Finance Limited is a consumer lending company. The Company, through its subsidiaries, is principally engaged in providing a consumer lending marketplace for lenders and borrowers in the People’s Republic of China with predictive selection technology (PST), automated decisioning technology (ADT), and non-credit data analytic and risk-based pricing capabilities.

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