Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) shares saw strong trading volume on Friday . 118,056 shares were traded during mid-day trading, an increase of 30% from the previous session's volume of 90,860 shares.The stock last traded at $11.77 and had previously closed at $9.83.
Jiayin Group Trading Up 2.0 %
The firm has a 50-day simple moving average of $8.94 and a two-hundred day simple moving average of $7.32. The company has a market capitalization of $692.54 million, a price-to-earnings ratio of 4.30 and a beta of 0.78.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in JFIN. XTX Topco Ltd acquired a new position in shares of Jiayin Group during the 4th quarter valued at about $109,000. Renaissance Technologies LLC increased its holdings in shares of Jiayin Group by 10.3% during the 4th quarter. Renaissance Technologies LLC now owns 19,291 shares of the company's stock valued at $123,000 after acquiring an additional 1,799 shares during the last quarter. Finally, LPL Financial LLC acquired a new position in shares of Jiayin Group during the 4th quarter valued at about $174,000. Institutional investors and hedge funds own 44.08% of the company's stock.
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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