Uxin Limited (NASDAQ:UXIN) Short Interest Update

Uxin Limited (NASDAQ:UXIN) was the target of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 385,200 shares, a decrease of 39.9% from the October 15th total of 641,400 shares. Based on an average daily volume of 1,850,000 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are short sold.

Uxin Trading Down 3.2 %

NASDAQ:UXIN opened at $4.52 on Wednesday. Uxin has a 12-month low of $1.41 and a 12-month high of $13.09. The stock has a 50-day moving average price of $3.99 and a 200 day moving average price of $2.73.

Uxin (NASDAQ:UXIN) last released its quarterly earnings results on Monday, September 23rd. The company reported ($0.03) earnings per share (EPS) for the quarter. Uxin had a negative net margin of 40.91% and a negative return on equity of 173.92%. The business had revenue of $55.21 million for the quarter.

About Uxin

Uxin Limited, an investment holding company, engages in the retail sale of vehicles in China. The company operates an e-commerce platform for buying and selling used cars. It also offers used-car acquisition, inspection, reconditioning, warehousing, pre-sales and after-sales, and various car-related value-added products and services, as well as warranty and repair, delivery, and title transfers and vehicle registration services.