Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 31,900 shares, a growth of 11.9% from the November 30th total of 28,500 shares. Based on an average daily trading volume, of 119,200 shares, the days-to-cover ratio is presently 0.3 days.
Hedge Funds Weigh In On Jiayin Group
An institutional investor recently bought a new position in Jiayin Group stock. Ariadne Wealth Management LP purchased a new position in shares of Jiayin Group Inc. (NASDAQ:JFIN - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,023 shares of the company's stock, valued at approximately $31,000. 44.08% of the stock is owned by hedge funds and other institutional investors.
Jiayin Group Stock Up 0.6 %
Shares of JFIN stock traded up $0.04 during trading hours on Monday, hitting $6.37. 273,644 shares of the company's stock were exchanged, compared to its average volume of 82,843. Jiayin Group has a fifty-two week low of $4.00 and a fifty-two week high of $8.58. The firm has a market cap of $341.97 million, a P/E ratio of 2.12 and a beta of 0.88. The firm has a 50 day moving average of $6.48 and a two-hundred day moving average of $6.20.
Jiayin Group Company Profile
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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.
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