X Financial Sponsored ADR (NYSE:XYF) Short Interest Up 20.7% in February

X Financial Sponsored ADR (NYSE:XYF) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 140,751 shares, an increase of 20.7% from the January 29th total of 116,569 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 190,926 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 190,926 shares, the short-interest ratio is presently 0.7 days. Approximately 0.5% of the shares of the company are sold short.

Institutional Trading of X Financial

A number of institutional investors have recently added to or reduced their stakes in XYF. Police & Firemen s Retirement System of New Jersey acquired a new stake in shares of X Financial during the 4th quarter valued at approximately $43,000. BNP Paribas Financial Markets acquired a new stake in shares of X Financial in the 3rd quarter worth approximately $105,000. Russell Investments Group Ltd. increased its stake in X Financial by 468.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 33,780 shares of the company’s stock valued at $457,000 after purchasing an additional 27,837 shares in the last quarter. Finally, Jump Financial LLC purchased a new position in X Financial in the 2nd quarter valued at approximately $697,000. Hedge funds and other institutional investors own 1.15% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Wall Street Zen lowered X Financial from a “buy” rating to a “hold” rating in a report on Saturday, November 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of X Financial in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

X Financial Stock Performance

NYSE:XYF opened at $4.82 on Wednesday. The stock has a fifty day moving average price of $5.55 and a two-hundred day moving average price of $9.60. The stock has a market capitalization of $201.38 million, a price-to-earnings ratio of 0.85 and a beta of 0.39. X Financial has a 1 year low of $4.78 and a 1 year high of $20.35.

About X Financial

X Financial (NYSE:XYF) is a Beijing-based online credit marketplace focused on providing diversified financing solutions to individuals and small- and medium-sized enterprises (SMEs) in China. The company was established in 2014 and completed its initial public offering on the New York Stock Exchange in 2016. Since inception, X Financial has built a technology-driven platform that connects borrowers with a network of institutional investors, banks and other funding sources, aiming to streamline access to credit and improve lending efficiency.

The company’s core offerings include consumer loans, SME loans, real estate-secured financing and wealth management products.