9F Inc. (NASDAQ:JFU) Short Interest Up 27.0% in May

9F Inc. (NASDAQ:JFU) saw a large growth in short interest in May. As of May 31st, there was short interest totalling 8,000 shares, a growth of 27.0% from the May 15th total of 6,300 shares. Based on an average daily volume of 6,800 shares, the short-interest ratio is currently 1.2 days.

Institutional Investors Weigh In On 9F

A hedge fund recently bought a new stake in 9F stock. Cetera Advisors LLC purchased a new stake in shares of 9F Inc. (NASDAQ:JFU) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 11,200 shares of the company’s stock, valued at approximately $39,000. Cetera Advisors LLC owned 0.10% of 9F as of its most recent SEC filing.

9F Price Performance

Shares of 9F stock traded down $0.07 during trading on Monday, reaching $2.13. The company’s stock had a trading volume of 8,001 shares, compared to its average volume of 7,170. 9F has a 52-week low of $1.79 and a 52-week high of $4.90. The firm’s 50-day moving average is $2.90 and its two-hundred day moving average is $3.14.

About 9F

9F Inc, together with its subsidiaries, operates internet securities service platform in the People's Republic of China. The company operates through three segments: Technology Empowerment Services, E-commerce business, and Wealth Management. Its products include digital financial accounts that offer online lending, wealth management, and payment facilitation services; revolving and non-revolving loan products to borrowers, as well as traffic referral services to financial institution partners; and a suite of online wealth management products, such as fixed income products, stocks, insurance, bank wealth management products, and mutual funds to investors in various platforms, including Wukong Licai, 9F Wallet, and 9F Puhui.