Jiayin Group Inc. (NASDAQ:JFIN) Short Interest Up 43.0% in June

Jiayin Group Inc. (NASDAQ:JFIN) saw a large growth in short interest in June. As of June 15th, there was short interest totalling 16,300 shares, a growth of 43.0% from the May 31st total of 11,400 shares. Based on an average daily trading volume, of 46,100 shares, the short-interest ratio is currently 0.4 days.

Jiayin Group Stock Up 0.2 %

Shares of JFIN stock traded up $0.01 on Monday, reaching $6.19. The company had a trading volume of 24,175 shares, compared to its average volume of 63,457. The business’s 50-day moving average is $6.54 and its 200 day moving average is $6.16. Jiayin Group has a one year low of $4.45 and a one year high of $7.57. The stock has a market capitalization of $332.34 million, a PE ratio of 1.84 and a beta of 0.86.

Jiayin Group (NASDAQ:JFIN) last released its quarterly earnings data on Thursday, June 6th. The company reported $0.72 earnings per share (EPS) for the quarter. The business had revenue of $204.33 million during the quarter. Jiayin Group had a net margin of 22.18% and a return on equity of 58.72%.

Institutional Investors Weigh In On Jiayin Group

Hedge funds have recently modified their holdings of the company. Boston Partners acquired a new position in Jiayin Group in the 1st quarter worth about $439,000. Advisors Preferred LLC acquired a new position in shares of Jiayin Group in the first quarter valued at approximately $98,000. QRG Capital Management Inc. raised its holdings in Jiayin Group by 45.5% in the 4th quarter. QRG Capital Management Inc. now owns 16,082 shares of the company’s stock valued at $83,000 after buying an additional 5,031 shares during the last quarter. Finally, EWA LLC acquired a new stake in Jiayin Group during the 4th quarter worth approximately $64,000. Institutional investors and hedge funds own 44.08% of the company’s stock.

About Jiayin Group

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.